Securities code: Jiangsu Yabang Dyestuff Co.Ltd(603188) securities abbreviation: Jiangsu Yabang Dyestuff Co.Ltd(603188) Announcement No.: 2022009 Jiangsu Yabang Dyestuff Co.Ltd(603188)
Announcement on the implementation of cancellation of repurchased shares
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 note: \uf020 the company will cancel 5830000 repurchased shares, accounting for 1.01% of the total share capital of the company before cancellation. After the cancellation, the total share capital of the company will be changed from 57 Shanghai Pudong Development Bank Co.Ltd(600000) 0 shares to 570170000 shares. \uf020 cancellation date of repurchased shares: March 9, 2022
On January 5, 2022 and January 21, 2022, the company held the ninth meeting of the sixth board of directors and the first extraordinary general meeting of shareholders in 2022, deliberated and approved the proposal on the company's proposed cancellation of repurchased shares, and agreed to cancel 5830000 repurchased shares in the special securities account for repurchases. On January 22, 2022, the company disclosed the announcement on cancellation of repurchased shares and reduction of registered capital notice to creditors (Announcement No.: 2022007). Within 45 days from the date of the announcement, the company has not received any request from relevant creditors for the company to pay off its debts in advance or provide corresponding guarantee. The cancellation of the repurchased shares of the company will be completed on March 9, 2022. The subsequent company will handle the modification of the articles of association and industrial and commercial change registration in accordance with laws and regulations. The details are as follows: I. implementation of repurchases
On June 28 and July 16, 2018, the company held the fifth session of the Fifth Board of directors and the extraordinary general meeting of shareholders respectively, and deliberated and approved the plan of Jiangsu Yabang Dyestuff Co.Ltd(603188) on repurchase of shares by means of centralized bidding transaction. It is planned to use its own funds of no less than 50 million yuan and no more than 300 million yuan to repurchase some public shares by means of centralized bidding transaction, The price of repurchased shares shall not exceed 16 yuan / share. All the shares repurchased this time will be used to implement the equity incentive plan. If the company fails to implement the equity incentive plan or all of them within three years after the completion of the repurchase of shares, the repurchased shares or the part that fails to be implemented will be cancelled after performing the corresponding review and disclosure procedures.
During the period from August 6, 2018 to January 16, 2019, the company completed the share repurchase and has actually repurchased 5830000 shares of the company, accounting for 1.01% of the total share capital of the company. The highest transaction price is 10.65 yuan / share, the lowest transaction price is 7.98 yuan / share, and the total amount paid is 5366551729 yuan. See the relevant announcement disclosed by the company on the website of Shanghai stock exchange for details.
2、 Approval procedures for cancellation of repurchased shares
The company held the ninth meeting of the sixth board of directors and the first extraordinary general meeting of shareholders in 2022 on January 5, 2022 and January 21, 2022 respectively, and deliberated and adopted the proposal on the company's proposed cancellation of share repurchase and the proposal on the company's change of registered capital and amendment of the company's articles of association, The company plans to cancel 5830000 shares deposited in the company's special securities account for repurchase in accordance with the company law and the detailed rules for the implementation of share repurchase by listed companies on Shanghai Stock Exchange, accounting for 1.01% of the company's current total share capital. After the cancellation, the registered capital of the company will be changed from 57 Shanghai Pudong Development Bank Co.Ltd(600000) 0 yuan to 570170000 yuan. The company will revise the relevant provisions of the articles of association accordingly, and go through the corresponding industrial and commercial change registration and other procedures for the above matters after the cancellation of repurchased shares. For details, please refer to Jiangsu Yabang Dyestuff Co.Ltd(603188) suggestive announcement on proposed cancellation of repurchased shares (Announcement No.: 2022002), Jiangsu Yabang Dyestuff Co.Ltd(603188) suggestive announcement on change of registered capital and amendment of articles of Association (Announcement No.: 2022003) disclosed on the website of Shanghai Stock Exchange Announcement on resolutions of the first extraordinary general meeting of shareholders in Jiangsu Yabang Dyestuff Co.Ltd(603188) 2022 (Announcement No.: 2022006). 3、 Cancellation of repurchased shares
As the cancellation of repurchased shares will involve the reduction of registered capital, according to the provisions of the company law and other relevant laws and regulations, the company disclosed the announcement on the cancellation of repurchased shares and the reduction of registered capital to creditors (Announcement No.: 2022007) on January 22, 2022. Within 45 days from the date of the announcement, The company has not received any request from relevant creditors for the company to pay off its debts in advance or provide corresponding guarantee.
At present, the company has submitted the relevant application for cancellation of the repurchased shares to Shanghai Stock Exchange. The cancellation of the repurchased shares will be completed on March 9, 2022. The subsequent company will handle the modification of the articles of association, industrial and commercial change registration and other work in accordance with laws and regulations.
4、 Changes in the company's share capital structure after the cancellation of repurchased shares
After the cancellation, the total number of shares of the company will be changed from 57 Shanghai Pudong Development Bank Co.Ltd(600000) 0 shares to 570170000 shares. The specific changes of equity structure are as follows:
Unit: shares
Before category change and after this change
Shares outstanding without restrictions 57 Shanghai Pudong Development Bank Co.Ltd(600000) 0 - 5830 Changchai Company Limited(000570) 170000
Tradable shares with limited sales conditions 0
Total 57 Shanghai Pudong Development Bank Co.Ltd(600000) 0 - 5830 Changchai Company Limited(000570) 170000
It is hereby announced.
Board of directors
