Securities code: 002178 securities abbreviation: Shanghai Yanhua Smartech Group Co.Ltd(002178) Announcement No.: 2021-060 Shanghai Shanghai Yanhua Smartech Group Co.Ltd(002178) Technology (Group) Co., Ltd
Pre disclosure announcement on the reduction of shares held by some senior executives of the company
Recently, Shanghai Shanghai Yanhua Smartech Group Co.Ltd(002178) Technology (Group) Co., Ltd. (hereinafter referred to as “the company”) received a share reduction plan from the company’s senior managers, Mr. Wang Dongwei, Mr. Wang Xiangyu, Mr. Zhang Bin, Ms. Liu Jinling and Mr. Zhang Tailin. The details are as follows: I. Basic Information of shareholders
As of the date of this announcement, the shares held by Mr. Wang Dongwei, Mr. Wang Xiangyu, Mr. Zhang Bin, Ms. Liu Jinling and Mr. Zhang Tailin are as follows:
Unit: shares
Name of shareholder: total shares held with unlimited sales conditions and limited sales conditions in the company’s total shares position: number of circulating shares (%)
Wang Dongwei, CEO 46075138225843000.0259%
Wang Xiangyu, CEO 1312539375525000.0074%
Zhang Bin, CEO 496501489501986000.0279%
Liu Jinling, CEO 1489544685595800.0084%
Zhang Tailin, vice president 850502551503402000.0478%
Note: the above shares with limited sales conditions are executive lock-in shares.
2、 Main contents of this reduction plan
(i) Mr. Wang Dongwei’s share reduction plan
1. Reasons for reduction: personal capital needs;
2. Source of share reduction: equity incentive plan;
3. Quantity and proportion of reduction: it is proposed to reduce no more than 46075 shares, accounting for 0.0065% of the total share capital of the company. If the company has ex rights matters such as share distribution, conversion of capital reserve to share capital and share allotment during this period, the number of shares planned to be reduced and the proportion of equity will be adjusted accordingly;
4. Reduction method: centralized bidding transaction method;
5. Reduction period: within 6 months after 15 trading days from the date of announcement of the reduction plan;
6. Reduction price: determined according to the market price.
（2） Mr. Wang Xiangyu’s share reduction plan
1. Reasons for reduction: personal capital needs;
2. Source of share reduction: equity incentive plan;
3. Quantity and proportion of reduction: it is proposed to reduce no more than 13125 shares, accounting for 0.0018% of the total share capital of the company. If the company has ex rights matters such as share distribution, conversion of capital reserve to share capital and share allotment during this period, the number of shares planned to be reduced and the proportion of equity will be adjusted accordingly;
4. Reduction method: centralized bidding transaction method;
5. Reduction period: within 6 months after 15 trading days from the date of announcement of the reduction plan;
6. Reduction price: determined according to the market price.
（3） Mr. Zhang Bin’s share reduction plan
1. Reasons for reduction: personal capital needs;
2. Source of share reduction: equity incentive plan;
3. Quantity and proportion of reduction: it is proposed to reduce no more than 49650 shares, accounting for 0.0070% of the total share capital of the company. If the company has ex rights matters such as share distribution, conversion of capital reserve to share capital and share allotment during this period, the number of shares planned to be reduced and the proportion of equity will be adjusted accordingly;
4. Reduction method: centralized bidding transaction method;
5. Reduction period: within 6 months after 15 trading days from the date of announcement of the reduction plan;
6. Reduction price: determined according to the market price.
（4） Ms. Liu Jinling’s share reduction plan
1. Reasons for reduction: personal capital needs;
2. Source of share reduction: equity incentive plan;
3. Quantity and proportion of reduction: it is proposed to reduce no more than 14895 shares, accounting for 0.0021% of the total share capital of the company. If the company has ex rights matters such as share distribution, conversion of capital reserve to share capital and share allotment during this period, the number of shares planned to be reduced and the proportion of equity will be adjusted accordingly;
4. Reduction method: centralized bidding transaction method;
5. Reduction period: within 6 months after 15 trading days from the date of announcement of the reduction plan;
6. Reduction price: determined according to the market price.
（5） Mr. Zhang Tailin’s share reduction plan
1. Reasons for reduction: personal capital needs;
2. Source of share reduction: equity incentive plan;
3. Quantity and proportion of reduction: it is proposed to reduce no more than 85050 shares, accounting for 0.0119% of the total share capital of the company. If the company has ex rights matters such as share distribution, capital reserve conversion to share capital and share allotment during this period, the number of shares planned to be reduced and the proportion of equity will be adjusted accordingly;
4. Reduction method: centralized bidding transaction method;
5. Reduction period: within 6 months after 15 trading days from the date of announcement of the reduction plan;
6. Reduction price: determined according to the market price.
（6） Performance of commitments
So far, Mr. Wang Dongwei, Mr. Wang Xiangyu, Mr. Zhang Bin, Ms. Liu Jinling and Mr. Zhang Tailin have not made any commitment to buy or sell the company’s shares, nor have they violated the company law, the securities law, the stock listing rules of Shenzhen Stock Exchange and the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange Buying or selling shares of the company as stipulated in the detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange and other laws, regulations and normative documents.
3、 Relevant risk tips
1. Mr. Wang Dongwei, Mr. Wang Xiangyu, Mr. Zhang Bin, Ms. Liu Jinling and Mr. Zhang Tailin will decide whether to implement the share reduction plan according to the market situation and the company’s share price. There is uncertainty about the time and price of the reduction, as well as whether it is completed on schedule. Mr. Wang Dongwei, Mr. Wang Xiangyu, Mr. Zhang Bin, Ms. Liu Jinling and Mr. Zhang Tailin will disclose it according to the progress of the plan.
2. The implementation of the reduction plan will not lead to the change of the company’s control and will not affect the company’s sustainable operation.
3. During the period of reducing the company’s shares in accordance with the above, Mr. Wang Dongwei, Mr. Wang Xiangyu, Mr. Zhang Bin, Ms. Liu Jinling and Mr. Zhang Tailin will strictly abide by the company law, the securities law, the stock listing rules of Shenzhen Stock Exchange and the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange The detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange and other laws, regulations and normative documents.
4、 Documents for future reference
1. The share reduction plan signed by Mr. Wang Dongwei, Mr. Wang Xiangyu, Mr. Zhang Bin, Ms. Liu Jinling and Mr. Zhang Tailin.
It is hereby announced.
Board of directors of Shanghai Shanghai Yanhua Smartech Group Co.Ltd(002178) Technology (Group) Co., Ltd
December 31, 2021
