Securities code: Vantone Neo Development Group Co.Ltd(600246) securities abbreviation: Vantone Neo Development Group Co.Ltd(600246) Announcement No.: 2022014 Vantone Neo Development Group Co.Ltd(600246)
Announcement on the progress of the third share repurchase through centralized bidding transaction
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
Implementation of repurchase plan: as of March 8, 2022, Beijing Wantong New Development Group Co., Ltd. (hereinafter referred to as “the company”) has repurchased 8125700 shares for the third time by means of centralized bidding, accounting for 0.3956% of the total share capital of the company, and the total amount paid is 7874422620 yuan (excluding transaction costs).
On January 11, 2022, the company held the 14th interim meeting of the 8th board of directors, deliberated and approved the proposal on the third share repurchase scheme of the company by means of centralized bidding transaction, and agreed that the company would use its own funds not less than 150 million yuan (inclusive) and not more than 300 million yuan (inclusive) to repurchase the company’s shares, The repurchase price shall not exceed 15.16 yuan / share, and the repurchase period shall be within 12 months from the date when the board of directors of the company deliberates and approves the repurchase plan. On January 12, 2022, the announcement on the third repurchase of shares of the company by means of centralized bidding transaction (Announcement No.: 2022004) was disclosed. On January 18, 2022, the company disclosed the repurchase report on the third repurchase of shares by centralized bidding transaction (Announcement No.: 2022006). On January 20, 2022, the company implemented the third initial share repurchase by means of centralized bidding transaction, and disclosed the announcement on the third initial share repurchase by means of centralized bidding transaction (Announcement No.: 2022008). The specific contents of the above announcement are detailed in the company’s website of China Securities News, Shanghai Securities News and Shanghai Stock Exchange（ http://www.sse.com.cn. ）Relevant announcements of disclosure.
The progress of the company’s third share repurchase through centralized bidding transaction is hereby announced as follows:
As of March 8, 2022, the company has repurchased 8125700 shares in the third centralized bidding transaction, accounting for 0.3956% of the total share capital of the company. The highest purchase price is 10.10 yuan / share, the lowest price is 9.31 yuan / share, and the total amount paid is 7874422620 yuan (excluding transaction costs).
Subsequently, the company will implement the third share repurchase plan in the form of centralized bidding transaction according to the market conditions, and will timely perform the obligation of information disclosure according to the provisions of relevant laws and regulations and the needs of regulatory authorities during the repurchase period. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Vantone Neo Development Group Co.Ltd(600246) board of directors
March 9, 2022
