Jiuzhitang Co.Ltd(000989) : Announcement on the participation of shareholders holding more than 5% in the refinancing securities lending business

Announcement document

Securities code: 000989 securities abbreviation: Jiuzhitang Co.Ltd(000989) Announcement No.: 2021-067

Jiuzhitang Co.Ltd(000989)

Announcement on the participation of shareholders holding more than 5% in refinancing securities lending business the shareholder Heilongjiang Chenneng University of Technology Venture Capital Co., Ltd. guarantees that the content of information disclosure 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.

Jiuzhitang Co.Ltd(000989) (hereinafter referred to as “the company”) received the notice on refinancing securities lending business of Heilongjiang Chenneng University of Technology Venture Capital Co., Ltd. (hereinafter referred to as “Chenneng venture capital”), the shareholder holding more than 5% of the company, on December 27, 2021. The specific contents are as follows:

In order to maintain and increase the value of state-owned assets and revitalize the stock assets, Chenneng venture capital will participate in the refinancing securities lending business by holding some of the company’s circulating shares. It plans to participate in the refinancing securities lending business with no more than 17.38 million shares, that is, no more than 2% of the company’s total share capital, And the shares of the company used for refinancing securities lending within any continuous 90 natural days shall not exceed 1% of the total share capital of the company. The participation period is within 6 months from December 27, 2021. The price range is determined through negotiation between the lender and the borrower within the framework of the rules of China Securities Finance Corporation. If there are ex rights and ex interests matters such as dividend distribution, share distribution, conversion of capital reserve into share capital, share allotment, etc., the number of shares will be adjusted accordingly.

Chenneng venture capital’s participation in the refinancing securities lending business is its normal business behavior, which will not lead to the change of the company’s control and will not have a significant impact on the company’s governance structure and sustainable operation.

It is hereby announced.

Jiuzhitang Co.Ltd(000989) board of directors December 29, 2021

Jiuzhitang Co.Ltd(000989) 1

 

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