Securities code: 002323 securities abbreviation: * ST Yabo Announcement No.: 2021-098 Shandong Yabo Technology Co.Ltd(002323)
Suggestive announcement on the temporary suspension of trading of the company’s shares
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Shandong Yabo Technology Co.Ltd(002323) (hereinafter referred to as “Yabo shares” or “the company”) ）The reorganization plan was implemented to convert the capital reserve into share capital. Based on the company’s existing total share capital, the capital reserve was converted into share capital at the proportion of 18.44 shares per 10 shares, resulting in a total of 1375125486 shares. Among the above converted shares, 323185413 converted shares will be distributed to all shareholders other than the top ten shareholders registered in the company after the closing of the equity registration date, and the shareholders other than the top ten will distribute these shares according to the relative proportion of the number of shares of the company held by them after the closing of the equity registration date. The equity registration date of this capital reserve converted into share capital is December 30, 2021.
According to article 4.4.2 of the trading rules of Shenzhen Stock Exchange (revised in March 2021), the company adjusted the calculation formula of the ex right reference price for the conversion of capital reserve into share capital in the reorganization (see the announcement on the implementation of the conversion of capital reserve into share capital in the reorganization plan disclosed by the company on December 27, 2021 for details) , Announcement No.: 2021-096), and by China Galaxy Securities Co.Ltd(601881) Shanghai Haihua Yongtai (Beijing) law firm issued special opinions and legal opinions on the company’s adjustment of the calculation formula of the ex right reference price of capital reserve converted to share capital (see the special opinions on China Galaxy Securities Co.Ltd(601881) adjustment of the calculation formula of the ex right reference price of capital reserve converted to share capital disclosed by the company on December 27, 2021 and Shanghai Haihua Yongtai (Beijing) law firm’s calculation formula on Shandong Yabo Technology Co.Ltd(002323) adjusting the ex right reference price of capital reserve converted into share capital (legal opinion).
In order to clarify the elements of the ex right reference price calculation formula for the conversion of capital reserve into share capital in this reorganization, Before the converted shares are listed and traded, 323185413 converted shares shall be transferred to all shareholders’ accounts other than the top ten shareholders registered by the company after the closing of the equity registration date (the specific distribution list and quantity shall be subject to the record of the notice of assistance in execution issued by the court). The company plans to apply to Shenzhen Stock Exchange to suspend the trading of the company’s shares for four trading days from December 30, 2021 to January 5, 2022, and resume trading on January 6, 2022.
It is hereby announced
Shandong Yabo Technology Co.Ltd(002323) board of directors December 30, 2021
