Securities code: Memsensing Microsystems (Suzhou China) Co.Ltd(688286) securities abbreviation: Memsensing Microsystems (Suzhou China) Co.Ltd(688286) Announcement No.: 2022009
Memsensing Microsystems (Suzhou China) Co.Ltd(688286)
Proposal on the chairman, controlling shareholder and actual controller of the company
Announcement of the company's share repurchase
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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important content tips:
Memsensing Microsystems (Suzhou China) Co.Ltd(688286) (hereinafter referred to as "the company") received the letter on proposing Memsensing Microsystems (Suzhou China) Co.Ltd(688286) repurchase of shares of the company submitted by Mr. Li Gang, chairman, controlling shareholder and actual controller of the company, on March 3, 2022. Mr. Li Gang proposed that the company buy back some RMB common shares (A shares) issued by the company through the trading system of Shanghai stock exchange with its own funds in the form of centralized bidding. The specific contents are as follows:
1、 Basic information of the proposer and time of proposal
1. Proposer: Mr. Li Gang, chairman, controlling shareholder and actual controller of the company
2. Proposed date: March 3, 2022
2、 Reasons and purposes of the proposer's proposal to repurchase shares
Based on his confidence in the company's future development and recognition of the company's long-term value, Mr. Li Gang, chairman, controlling shareholder and actual controller of the company, in order to establish and improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the company's employees, improve the cohesion of the company's employees, effectively combine the interests of shareholders, the company and the employees' personal interests, and promote the stability and stability of the company For healthy and sustainable development, it is proposed to the board of directors of the company that the company repurchases part of the issued RMB common shares (A shares) of the company through the trading system of Shanghai stock exchange with its own funds in the form of centralized bidding trading, and use all the repurchased shares to implement the employee stock ownership plan or equity incentive at an appropriate time in the future.
3、 Content of the proposer's proposal
1. Types of repurchased shares: RMB ordinary shares (A shares) issued by the company
2. Purpose of share repurchases: all for ESOP or equity incentive
3. Way to buy back shares: buy back shares through the trading system of Shanghai Stock Exchange in the form of centralized bidding transaction
4. Price of repurchased shares: no more than 105 yuan / share (inclusive)
5. Total amount of share repurchase funds: the total amount of share repurchase funds shall not be less than RMB 10 million (inclusive) and not more than RMB 20 million (inclusive)
6. Repurchase period: within 6 months from the date when the board of directors deliberates and approves the repurchase plan
7. The number of shares repurchased and its proportion in the total share capital of the company: Based on the current total share capital of the company of 53429801 shares, and calculated according to the upper limit of the repurchase amount of 20 million yuan and the upper limit of the repurchase price of 105 yuan / share, the number of shares repurchased this time is 190500 shares, and the proportion of shares repurchased accounts for 0.36% of the total share capital of the company. According to the calculation of the lower limit of the repurchase amount of RMB 10 million and the upper limit of the repurchase price of RMB 105 / share, the number of the repurchase is 95200 shares, accounting for 0.18% of the total share capital of the company.
4、 The situation of the proposer buying and selling the shares of the company 6 months before the proposal
The proposer, Mr. Li Gang, did not buy or sell the shares of the company six months before the proposal.
5、 Increase / decrease plan of the proposer during the repurchase period
The proposer, Mr. Li Gang, has no plan to increase or decrease the company's shares during this repurchase.
6、 Proposer's commitment
The proposer, Mr. Li Gang, promised that he would actively promote the company to convene the board of directors as soon as possible to consider the share repurchase, and would vote in favor of the company's share repurchase proposal at the board of directors.
7、 Opinions of the board of directors on the share repurchase proposal and subsequent arrangements
On March 10, 2022, the sixth meeting of the third board of directors held by the company deliberated and adopted the proposal on repurchase of shares of the company by means of centralized bidding transaction with 7 affirmative votes, 0 negative votes and 0 abstention votes. The independent directors of the company expressed their independent opinions on the repurchase of shares, The board of directors of the company authorizes the management of the company to handle the specific matters of this share repurchase. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on March 11, 2022 Announcement on the plan of repurchasing shares of the company by means of centralized bidding transaction (Announcement No.: 2022010).
It is hereby announced!
Memsensing Microsystems (Suzhou China) Co.Ltd(688286) board of directors March 11, 2022
