Securities code: Nanjing Iron & Steel Co.Ltd(600282) securities abbreviation: Nanjing Iron & Steel Co.Ltd(600282) Announcement No.: pro 2022013 Nanjing Iron & Steel Co.Ltd(600282)
Announcement on the progress of controlling shareholders’ increase in shares of the company
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
On November 19, 2021, Nanjing Iron & Steel Co.Ltd(600282) (hereinafter referred to as “the company” or “the company”) disclosed the announcement of Nanjing Iron & Steel Co.Ltd(600282) on the plan of the controlling shareholder to increase the shares of the company (Announcement No.: pro 2021100). The controlling shareholder of the company, Nanjing Nangang iron and Steel United Co., Ltd. (hereinafter referred to as “Nanjing Steel Union”) plans to increase the shares of the company within 12 months from the date of disclosure of the plan, Increase the A-share shares of the company with its own funds at the right time, and the total amount of increased capital shall not be less than RMB 100 million and not more than RMB 200 million; No price range is set for this increase.
Implementation of the shareholding increase plan: as of the date of issuance of this announcement, Nanjing Steel Union, the controlling shareholder of the company, has increased its holdings of 17104043 shares of the company through centralized bidding trading through the trading system of Shanghai Stock Exchange, accounting for 0.28% of the total issued shares of the company, and the total amount paid is RMB 6198255931 (excluding transaction expenses).
Relevant risk tips: the subsequent implementation of this shareholding increase plan may have the risk of failure to meet the expectations due to changes in the securities market and other factors.
1、 Basic information of the increased holding subject
1. Increased shareholding subject: Nanjing Nangang iron and Steel Joint Co., Ltd.
2. Shareholding: prior to this shareholding increase plan, Nanjing Steel Union held 3493515731 shares of the company, accounting for 56.72% of the total issued shares of the company; Nanjing Iron and Steel Union Co., Ltd. (hereinafter referred to as “Nanjing Iron and Steel Union”), a wholly-owned subsidiary of Nanjing Iron and Steel Union, holds 121167491 shares of the company, accounting for 1.97% of the total issued shares of the company; Nanjing Steel Union and Nanjing Steel Union hold 3614683222 shares of the company, accounting for 58.69% of the total issued shares of the company.
As of the issuance date of this announcement, Nanjing Steel Union holds 3510619774 shares of the company, accounting for 56.97% of the total issued shares of the company; Nangang, a wholly-owned subsidiary of Nanjing Steel Union, holds 121167491 shares of the company, accounting for 1.97% of the total issued shares of the company; Nanjing Steel Union and Nanjing Steel Union hold 3631787265 shares of the company, accounting for 58.94% of the total issued shares of the company.
2、 Main contents of the shareholding increase plan
1. The purpose of the proposed increase in shares: Based on the confidence in the future development prospects of the company and the recognition of its internal value.
2. Types of shares to be increased this time: RMB ordinary shares (A shares) issued by the company.
3. The number or amount of shares to be increased this time: the cumulative total amount of increased shares shall not be less than RMB 100 million and not more than RMB 200 million; The specific increase arrangement (including but not limited to the specific increase amount and number of shares) will be determined according to the market situation and the stock price trend of the company.
4. Price of shares to be increased this time: there is no price range set for this increase. Nanjing Steel Union will choose the opportunity to implement the increase plan based on the reasonable judgment of the company’s stock value and according to the fluctuation of the company’s stock price and the overall trend of the capital market.
5. The implementation period of the share increase plan: within 12 months from the date of disclosure of the share increase plan. During the implementation of the share increase plan, if the trading of the company’s shares is suspended for more than 10 consecutive trading days due to the planning of major events, the implementation of the share increase plan will be postponed and disclosed in time after the resumption of trading.
6. The capital arrangement of the proposed increase in shares: the self owned funds of Nanjing Steel Union.
3、 Implementation progress of shareholding increase plan
From November 25, 2021 (the date of the initial increase) to the date of issuance of this announcement, Nanjing Steel Union, the controlling shareholder of the company, has increased 17104043 shares of the company through centralized bidding trading through the trading system of Shanghai Stock Exchange, accounting for 0.28% of the total issued shares of the company, and the total amount paid is RMB 6198255931 (excluding transaction expenses).
The share increase plan has not been implemented yet. Nanjing Steel Union will continue to increase its shares in accordance with the share increase plan.
4、 Uncertainty risk of the implementation of the shareholding increase plan
The subsequent implementation of this share increase plan may have the risk of failure to meet the expectations due to changes in the securities market and other factors.
5、 Description of other matters
1. This increase complies with the securities law of the people’s Republic of China and other laws and regulations, departmental rules and the business rules of Shanghai Stock Exchange.
2. Nanjing Steel Union promises not to reduce its shares in the company during the implementation period of the increase and within the legal period. 3. The company will continue to pay attention to the increase of shares held by Nanjing Steel Union in accordance with the relevant provisions of the stock listing rules of Shanghai Stock Exchange, the measures for the administration of acquisition of listed companies and the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 8 – management of share changes, and fulfill the obligation of information disclosure in time.
It is hereby announced
Nanjing Iron & Steel Co.Ltd(600282) board of directors March 8, 2002
