Securities code: 000796 securities abbreviation: Caissa Tosun Development Co.Ltd(000796) Announcement No.: 2021-086 bond Code: 112532 bond abbreviation: 17 Caesar 03
Caissa Tosun Development Co.Ltd(000796)
Pre disclosure announcement on reduction of shares held by persons acting in concert of controlling shareholders
Hainan Caesar excellence enterprise management partnership (limited partnership) guarantees that the information provided to the company is true, accurate and complete without false records, misleading statements or major omissions.
The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor. Special tips:
Caissa Tosun Development Co.Ltd(000796) (hereinafter referred to as “the company”) received the notification letter of stock reduction plan issued by Hainan Caesar excellence enterprise management partnership (limited partnership) (hereinafter referred to as “Caesar excellence”), the concerted action of the controlling shareholder, on December 31, 2021. Caesar excellence directly holds 15500000 shares of the company, accounting for 1.93% of the total share capital of the company. It plans to reduce no more than 15500000 shares of the company in the form of centralized bidding transaction or block transaction in the next six months, that is, the reduction does not exceed 1.93% of the total share capital of the company. Now the relevant information is announced as follows:
1、 Basic information of shareholders
Up to now, Caesar excellence has directly held 15500000 shares of the company, accounting for 1.93% of the total share capital of the company.
2、 Main contents of this reduction plan
1. Reasons for reduction: this reduction is for Caesar Excellence’s own business needs.
2. Source of shares: Caesar excellence obtains the above shares through share transfer between persons acting in concert.
3. Reduction method: centralized bidding or block trading
4. Reduction period: if the reduction is conducted through centralized bidding, it will be within 6 months after 15 trading days from the date of announcement of the reduction plan; The reduction by block trading will be carried out within 6 months from the date of announcement of this reduction plan.
5. Number of reduction: the proposed reduction of shares shall not exceed 15500000 shares, i.e. not more than 1.93% of the total share capital of the company. Among them, if the shares are reduced through centralized bidding transaction, the total number of shares reduced shall not exceed 1% of the total share capital of the company within any continuous 90 natural days; In case of reduction through block trading, the total number of shares reduced shall not exceed 2% of the total share capital of the company within any continuous 90 natural days.
6. Reduction price: determined according to the market price and transaction mode at the time of reduction.
7. During the implementation of the reduction plan, if the listed company has ex rights and ex interest matters such as dividend distribution, bonus shares, conversion to share capital, additional shares or allotment of shares, the number of shares reduced will be adjusted accordingly.
8. There is no violation of commitments by relevant shareholders in this share reduction.
3、 Relevant risk tips
1. Caesar excellence will decide whether to implement the share reduction plan according to the market conditions and the company’s share price. There is uncertainty about the reduction time, quantity and price, as well as whether to implement it on schedule.
2. At present, the company’s daily operation and production activities are normal. This reduction will not have an impact on the company’s governance structure and sustainable operation, nor will it lead to changes in the company’s control.
3. The reduction plan complies with the securities law, the company law, the Listing Rules of Shenzhen Stock Exchange, the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange, and several provisions on the reduction of shares by shareholders, directors, supervisors and senior executives of listed companies 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, departmental rules and normative documents. The company will urge Caesar excellence to reduce its shares in accordance with relevant laws and regulations, and timely perform relevant information disclosure obligations. 4. The company will continue to pay attention to the progress of the reduction plan and timely fulfill the obligation of information disclosure in accordance with relevant regulations. Please invest rationally and pay attention to investment risks.
4、 Documents for future reference
Notification letter of stock reduction plan
It is hereby announced.
Caissa Tosun Development Co.Ltd(000796) December 31, 2021
