Securities abbreviation: Canny Elevator Co.Ltd(002367) securities code: 002367 Announcement No.: 202201 Canny Elevator Co.Ltd(002367)
Announcement on the progress of share repurchase of the company
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.
Canny Elevator Co.Ltd(002367) (hereinafter referred to as “the company”) convened the 16th meeting of the 5th board of directors and the 16th meeting of the 5th board of supervisors on November 2, 2021, deliberated and adopted the proposal on repurchase of shares of the company by means of centralized bidding transaction. The company plans to use its own funds to repurchase shares of the company by means of centralized bidding transaction, The total repurchase fund shall not be less than 30 million yuan (inclusive) and not more than 60 million yuan (inclusive), which shall be used for the implementation of equity incentive, employee stock ownership plan or for the conversion of corporate bonds convertible into shares issued by the company, and the repurchase price shall not exceed 12 yuan / share (inclusive). The implementation period of this share repurchase shall not exceed 12 months from the date when the board of directors of the company deliberates and approves the share repurchase plan. On November 4, 2021 and November 6, 2021, the company disclosed the announcement on the plan of repurchase of the company’s shares by means of centralized bidding transaction and the repurchase report on repurchase of the company’s shares by means of centralized bidding transaction. For details, see the securities times, securities daily and cninfo (www.cn. Info. Com.. CN.).
On November 16, 2021, the company implemented the repurchase plan for the first time through the special securities account for repurchase in the form of centralized bidding transaction. For details, the company published the plan in the designated information disclosure media securities times, securities daily and cninfo.com on November 17, 2021（ http://www.cn.info.com..cn. ）Announcement on initial repurchase of shares of the company (Announcement No.: 202157).
According to the detailed rules for the implementation of share repurchase by listed companies of Shenzhen Stock Exchange and other relevant provisions, during the period of repurchase, the listed company shall disclose the repurchase progress as of the end of last month within the first three trading days of each month. The progress of the company’s repurchase is hereby announced as follows:
1、 Details of share repurchase
As of December 31, 2021, in this repurchase plan, the company has repurchased 2610000 shares of the company through centralized bidding trading through the special securities account for repurchase, accounting for about 0.33% of the total share capital of the company before the implementation of the repurchase plan. The maximum transaction price is 7.82 yuan / share, the minimum transaction price is 7.38 yuan / share, and the total transaction amount is 19943090.00 yuan (excluding transaction costs), Comply with the company’s share repurchase plan and the requirements of relevant laws and regulations.
After the expiration of the share repurchase period in 2018 and 2019, a total of 13090631 shares were repurchased, accounting for about 1.64% of the total share capital of the company before the implementation of the share repurchase scheme, and the total transaction volume was 87634639.22 yuan (excluding transaction costs). On July 3, 2020, 1350000 shares of the company held in the company’s special securities account for repurchase were transferred to the special account of ” Canny Elevator Co.Ltd(002367) – phase II Employee Stock Ownership Plan” opened by the company in the form of non trading transfer. After deducting the above non trading transfer shares, the Company repurchased 11740631 shares remaining in the special account for repurchase, About 1.47% of the total share capital of the company before the implementation of the share repurchase scheme. For details, the company published the information in the designated information disclosure media securities times, securities daily and cninfo.com on December 4, 2020（ http://www.cn.info.com..cn. ）Announcement on the completion of share repurchase (Announcement No.: 202093).
On September 16, 2021, the Company repurchased 5139000 shares of the company held in the special securities account for the first exercise period of stock options first granted by the company’s stock option incentive plan in 2020. After exercise, the Company repurchased 6601631 shares remaining in the special account. For details, the company published the information on the designated information disclosure media securities times, securities daily and cninfo.com on September 17, 2021（ http://www.cn.info.com..cn. ）Announcement on the exercise results and listing of shares in the first exercise period of stock options first granted under the 2020 stock option incentive plan (Announcement No.: 202144). As of December 31, 2021, the cumulative number of shares repurchased in 2018 and 2019 and this repurchase has reached 15700631, accounting for about 1.97% of the total share capital of the company before the implementation of the share repurchase scheme, and the total combined transaction volume is 107577729.22 yuan (excluding transaction costs). After deducting 1350000 non trading transfer shares and 5139000 stock option exercise shares, the company has 9211631 repurchase shares remaining in the special account for repurchase, accounting for about 1.15% of the total share capital of the company before the implementation of the share repurchase scheme.
2、 Other relevant instructions
(i) The time of the company’s first share repurchase, the number of shares repurchased and the way of share repurchase comply with the contents of the company’s report on repurchase of company shares by centralized bidding transaction.
（2） The time of the company’s first share repurchase, the number of shares repurchased and the entrusted period of centralized bidding transaction comply with the relevant provisions of Articles 17, 18 and 19 of the detailed rules for the implementation of share repurchase by listed companies of Shenzhen Stock Exchange:
1. The company has not repurchased its shares during the following periods:
(1) Within ten trading days before the announcement of the company’s regular report, performance forecast or performance express;
(2) From the date of occurrence of major events that may have a significant impact on the company’s stock trading price or in the process of decision-making to two trading days after disclosure according to law;
(3) Other circumstances prescribed by the CSRC.
2. The cumulative trading volume of the company’s shares in the five trading days before the date of the company’s first share repurchase (November 16, 2021) was 15607492 shares. The number of shares repurchased by the company every five trading days does not exceed 25% (i.e. 3901873 shares) of the cumulative trading volume of the company’s shares in the five trading days before the date of the first repurchase of shares.
3. The company has not entrusted to buy back shares at the following trading hours:
(1) Opening call auction;
(2) Within half an hour before the closing;
(3) There is no limit on the rise or fall of stock prices.
The price of shares repurchased by the company is lower than the price limited by the trading increase of the company’s shares on the same day. （3） The company will continue to implement the repurchase plan during the repurchase period according to the market conditions, and will timely perform the obligation of information disclosure in accordance with laws, regulations and relevant provisions during the repurchase period. Please pay attention to investment risks.
It is hereby announced.
Canny Elevator Co.Ltd(002367) board of directors
January 4, 2022
