Jinzhou Jixiang Molybdenum Co.Ltd(603399) : announcement on share reduction plan of Jinzhou Jixiang Molybdenum Co.Ltd(603399) shareholders and directors, supervisors and senior executives

Securities code: Jinzhou Jixiang Molybdenum Co.Ltd(603399) securities abbreviation: Jinzhou Jixiang Molybdenum Co.Ltd(603399) Announcement No.: 2022031

Jinzhou Jixiang Molybdenum Co.Ltd(603399)

Announcement on share reduction plan of shareholders and directors, supervisors and senior managers

The board of directors, all directors and relevant shareholders of the company guarantee that there are no false records

Misleading statements or major omissions, and assume individual and joint responsibility for the authenticity, accuracy and completeness of their contents

Take responsibility.

Important content tips:

Basic information of shareholding of major shareholders and directors, supervisors and senior executives

As of the disclosure date of this announcement, huarongda Futures – Shaanxi Guotou · jubaopen No. 66 securities investment pool

Gold trust plan – held by Huaxin Jinyu No. 1 directional asset management plan (hereinafter referred to as “cornucopia No. 66”)

Jinzhou Jixiang Molybdenum Co.Ltd(603399) (hereinafter referred to as “the company”) sells 52001590 tradable shares without restriction,

Accounting for 10.23% of the total share capital of the company.

Main contents of share reduction plan

Jubaopen No. 66 plans to reduce its shares in the company through centralized bidding and block trading

Within six months after 15 trading days from the date of announcement, it is proposed to reduce its total holdings of no more than 30511418 shares

In any 90 consecutive days, the reduction of shares through centralized bidding of the exchange shall not exceed 1% of the total share capital of the company; At any

For 90 consecutive days, the reduction of holdings through block trading shall not exceed 2% of the company’s total share capital. The reduction price shall be determined according to the market price.

1、 Basic information of the reducing entity

Shareholder name shareholder identity shareholding number (shares) shareholding proportion current shareholding source

More than 5% non agreement transfer: jubaopen No. 665200159010.23%

A major shareholder 52001590 shares

The above reduction subjects have no concerted action.

Major shareholders and their persons acting in concert and Dong Jiangao have not reduced their shares since they were listed.

2、 Main contents of share reduction plan

Planned reduction

The number of planned reduction of shareholders’ shares through competitive trading to reduce the shares to be reduced. The method of reduction is to adjust the price

Source cause proportion range during weighing (stock) holding period

Cornucopia no more than: no more than the reduction of competitive trading, no more than 2022 / 4 / 1 ~ obtained by transfer according to the market agreement: No. 6630511418 shares of its own capital: more than 6% of the price of 52001590 shares on 2022 / 9 / 28

Over: 10170473 shares

Block trading reduction, no more than

Over: 20340945 shares

(1) Whether the relevant shareholders have other arrangements □ yes √ no

(2) Major shareholders and directors, supervisors and senior executives had previously made comments on the shareholding ratio, shareholding quantity, shareholding period, reduction method and reduction

Quantity, reduction price, etc. □ yes √ no

(3) Other matters required by the exchange

nothing

3、 Relevant risk tips

(1) The uncertainty risk of the implementation of the reduction plan, such as the preconditions, restrictive conditions and relevant conditions of the implementation of the plan

Specific circumstances of achievement or elimination of relevant conditions, etc

There is uncertainty in the specific implementation of this reduction plan, and the shareholders will be determined according to the market conditions and the company’s share price

Decide whether to implement the share reduction plan in whole or in part according to the circumstances.

(2) Whether the implementation of the share reduction plan may lead to the risk of change in the control of the listed company □ yes √ no

(3) Other risk tips

The company and relevant shareholders will strictly abide by the securities law and the regulations on reducing shares held by shareholders, directors, supervisors and senior managers of listed companies

Certain provisions and the detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of Listed Companies in Shanghai Stock Exchange require and timely perform the obligation of information disclosure.

It is hereby announced.

Jinzhou Jixiang Molybdenum Co.Ltd(603399) board of directors March 11, 2022

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