Securities code: 002200 securities abbreviation: Yunnan Yuntou Ecology And Environment Technology Co.Ltd(002200) Announcement No.: 2021-093
Yunnan Yuntou Ecology And Environment Technology Co.Ltd(002200)
Pre disclosure announcement on the reduction of shares held by shareholders holding more than 5%
Mr. Xu Hongyao, a shareholder holding more than 5%, guarantees that the information provided to the company is true, accurate and complete without false records, misleading statements or major omissions.
The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor. Special tips:
Mr. Xu Hongyao, the shareholder of Yunnan Yuntou Ecology And Environment Technology Co.Ltd(002200) (hereinafter referred to as “the company”), who holds more than 5% of the shares, plans to reduce the shares of the company by means of centralized bidding or block trading within six months from the date of disclosure of this announcement by no more than 3682657 shares, and the reduction amount shall not exceed 2% of the total share capital of the company, accounting for 29.84% of the shares of the company held by him.
On December 27, 2021, the company received the notification letter of share reduction plan sent by Mr. Xu Hongyao, a shareholder holding more than 5%. The relevant information is hereby announced as follows:
1、 Basic information of shareholders
1. Name of shareholder: Xu Hongyao
2. Shareholding of shareholders: as of the disclosure date of this announcement, Mr. Xu Hongyao holds 12342402 shares of the company, accounting for 6.70% of the total share capital of the company; Ms. Zhang Guoying, the person acting in concert, holds 12229660 shares of the company, accounting for 6.64% of the total share capital of the company.
3. Share circulation: in 2013, the company implemented a major asset restructuring and acquired 66% equity of Hongyao Landscaping Engineering Co., Ltd. by issuing shares to Mr. Xu Hongyao and Ms. Zhang Guoying and paying cash. According to the asset purchase agreement, Mr. Xu Hongyao and Ms. Zhang Guoying promise that the subscribed shares of the company will not be listed, traded and transferred within 36 months from the date of completion of share issuance. After the expiration of the above lock-in period, its trading and transfer shall be handled in accordance with the laws and regulations in force at that time and the relevant provisions of Shenzhen Stock Exchange. On January 9, 2018, the company’s shares held by Mr. Xu Hongyao and Ms. Zhang Guoying have been lifted.
2、 Contents of reduction plan
1. Reasons for reduction: personal capital needs.
2. Source of shares: obtained by non-public offering.
3. Reduction period: within six months after 15 trading days from the date of disclosure of this announcement.
4. Reduction method: centralized bidding or block trading.
5. Quantity of reduction: the planned reduction of shares does not exceed 3682657 shares, does not exceed 2% of the total share capital of the company, accounting for 29.84% of the company’s shares held by him, and the reduction of shares accounts for 14.99% of the total shares held by him and his persons acting in concert. Among them, the total number of shares reduced through centralized bidding trading within any 90 consecutive days shall not exceed 1% of the total number of shares of the company, and the total number of shares reduced through block trading within any 90 consecutive days shall not exceed 2% of the total number of shares of the company. If the company’s shares have ex right and ex interest matters such as dividend distribution, share distribution and conversion of capital reserve to share capital during the planned reduction period, the reduction amount shall be adjusted accordingly.
6. Reduction price range: the reduction price shall be determined according to the market price.
7. The proposed reduction is consistent with the commitments previously disclosed by the shareholders, and there is no violation of the commitments. 3、 Relevant risk tips
1. The shareholder Mr. Xu Hongyao will decide whether to implement the share reduction plan according to the market conditions and the company’s share price. There is uncertainty about the reduction time, quantity and price, as well as whether it can be completed on schedule.
2. During the period of share reduction according to the above plan, the board of directors of the company will urge Mr. Xu Hongyao to strictly abide by the provisions of laws, regulations, departmental rules and normative documents such as the stock listing rules of Shenzhen Stock Exchange, the guidelines for standardized operation, the detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies, etc, Timely fulfill the obligation of information disclosure.
3. The shareholder, Mr. Xu Hongyao, is not the controlling shareholder and actual controller of the company. The share reduction plan is the normal reduction of shareholders and will not have a significant impact on the corporate governance structure and daily operation, nor will it lead to the change of the company’s control.
4、 Documents for future reference
Notification letter of share reduction plan issued by the shareholder Mr. Xu Hongyao.
It is hereby announced.
Yunnan Yuntou Ecology And Environment Technology Co.Ltd(002200) board of directors
December 28, 2001
