603650: Red Avenue New Materials Group Co.Ltd(603650) announcement of share reduction results of shareholders

Securities code: 603650 securities abbreviation: Red Avenue New Materials Group Co.Ltd(603650) Announcement No.: 2022-006

Bond Code: 113621 bond abbreviation: Tongcheng convertible bond

Announcement on the results of share reduction by Red Avenue New Materials Group Co.Ltd(603650) shareholders

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

Misleading statements or material 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: before the implementation of the share reduction plan, Zhoushan Yutong Investment Co., Ltd

The partnership (limited partnership) (hereinafter referred to as “Yutong investment”) holds Red Avenue New Materials Group Co.Ltd(603650) group shares

60000000 shares of a limited company (hereinafter referred to as the “company”).

Implementation results of share reduction plan: the company disclosed tongchengxin on August 21, 2021

Announcement on the share reduction plan of shareholders of Materials Group Co., Ltd., Yutong investment plans to be centralized

The total reduction of competitive trading and block trading shall not exceed 12.5 million shares. August 2021

From December 27 to December 30, Yutong investment adopted centralized bidding trading and block trading

A total of 12499977 shares of the company have been reduced, and the reduction plan has been implemented.

The company recently received the notification letter on the completion of share reduction from Yutong investment and learned that it was in

From August 27 to December 30, 2021, through centralized bidding and block trading

The company holds 12499977 shares, and the reduction plan has been implemented. The details are announced as follows:

1、 Basic information of the reducing entity before the reduction

Number of shares held

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

More than 5% of Zhoushan Yutong investment is not the first 600000000 10.11% obtained before IPO: a major shareholder of 60000000 enterprises (limited partnership)

Note: the above “shareholding ratio” refers to the number of shares held by Yutong investment in the total share capital as of August 19, 2021, i.e. 593237209 shares

Proportion of.

The above reduction subjects have no concerted action.

2、 Implementation results of share reduction plan (I) major shareholders disclose the implementation results of share reduction plan due to the following matters:

The implementation of the reduction plan has been completed

Reduction price

Reduction quantity reduction ratio reduction party reduction total amount reduction completion current shareholding current shareholding ratio shareholder name reduction period range

(shares) example formula (yuan) situation quantity (shares) example

(yuan / share)

Zhoushan Yutong investment 12499977 2.0933% 2021 / 8 / 17 ~ centralized competition 47.50-683533526.96 has completed 475000237.9544% partnership (limited price transaction 2021 / 12 / 30, 71.86

(partnership) bulk delivery

easy

Note: 1. Affected by the conversion of convertible bonds into shares and the completion of the registration of the first grant of restricted shares in 2021, the total share capital of the company has changed. The “reduction proportion” and “current shareholding proportion” in the above table are calculated based on the total share capital of the company as of December 29, i.e. 597152450 shares.

2. According to the reduction plan, Yutong investment has cumulatively reduced its holdings of 7741977 shares of the company through centralized bidding trading, with the reduction price range of 47.80 ~ 71.86 yuan / share and the reduction amount of 425221266.96 yuan.

3. According to the reduction plan, Yutong investment reduced its 4758000 shares of the company through block trading, with the reduction price range of 47.50 ~ 61.41 yuan / share and the reduction amount of 258312260 yuan.

(2) Whether the actual reduction is consistent with the previously disclosed reduction plan and commitment √ yes □ no (III) whether the reduction time interval expires and whether the reduction has not been implemented □ not implemented √ implemented

(4) Whether the actual reduction has not reached the minimum reduction quantity (proportion) of the reduction plan □ not reached √ reached (V) whether the reduction plan has been terminated in advance □ yes √ no

It is hereby announced.

Red Avenue New Materials Group Co.Ltd(603650) board of directors 2022 / 1 / 4

 

- Advertisment -