Securities code: Xiamen Wanli Stone Stock Co.Ltd(002785) securities abbreviation: Xiamen Wanli Stone Stock Co.Ltd(002785) Announcement No.: 2022018 Xiamen Wanli Stone Stock Co.Ltd(002785)
Announcement on the share increase plan of the largest shareholder
The shareholder Hu Jingpei 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:
Xiamen Wanli Stone Stock Co.Ltd(002785) (hereinafter referred to as “the company”) recently received the plan letter on increasing the shares of the company from Mr. Hu Jingpei, the largest shareholder and chairman of the company. It plans to increase the shares of the company through centralized bidding trading in Shenzhen Stock Exchange within 6 months from the date of announcement of the plan, and the amount of the proposed increase shall not be less than 30 million yuan. The relevant information is hereby announced as follows:
1、 Basic information of the main body of the shareholding increase plan
1. Increased shareholding subject: Mr. Hu Jingpei, the largest shareholder and chairman of the company. As of the date of this announcement, Mr. Hu Jingpei held 27165451 shares of the company, accounting for 13.58% of the total share capital of the company.
2. Mr. Hu Jingpei did not disclose the shareholding increase plan within 12 months before the first announcement of this shareholding increase plan.
3. Mr. Hu Jingpei did not reduce his shares in the company within 6 months before the first announcement of the shareholding increase plan.
2、 Main contents of this shareholding increase plan
1. The purpose of this share increase: Based on confidence in the future development prospect of the company.
2. The capital source of this increase: self owned funds or self raised funds.
3. Amount of shares increased this time: the total amount that Mr. Hu Jingpei intends to increase his shares shall not be less than 30 million yuan.
4. The price range of the increased shares: no more than 28 yuan / share. According to the overall change trend of the market and the fluctuation of the company’s stock trading price, we will choose the opportunity to implement the shareholding increase plan.
5. The way of increasing shares this time: centralized bidding transaction.
6. The implementation period of this shareholding increase plan: the shareholding increase will be completed within the next 6 months from the date of announcement of this plan (no shareholding increase in the window period). During the implementation of the share increase plan, if the trading of the company’s shares is suspended, the period of share increase can be postponed, and whether the implementation is postponed shall be disclosed in time.
7. This increase is not based on Mr. Hu Jingpei’s specific identity. If he loses his specific identity, he will continue to implement this increase plan.
8. This share increase plan will be implemented in accordance with the provisions of relevant laws and regulations. During the period of share increase and within six months after the completion of the share increase plan, Mr. Hu Jingpei will not reduce his shares of the company.
3、 Uncertainty risk of the implementation of the shareholding increase plan
The implementation of the shareholding increase plan may have the risk that the shareholding increase plan cannot be implemented due to changes in capital market conditions and other factors, and there may be the risk that the implementation of the shareholding increase plan will be delayed or impossible due to the failure of the shareholding increase funds to be in place in time. If the above-mentioned risk situations occur during the implementation of the shareholding increase plan, the company will timely perform the obligation of information disclosure.
4、 Other instructions
1. This increase complies with the provisions of the company law, the securities law, the measures for the administration of the acquisition of listed companies, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 10 – management of share changes and other relevant laws, administrative regulations, departmental rules and normative documents.
2. This increase will not lead to the company’s equity distribution not meeting the listing conditions, nor will it lead to changes in the company’s control, and will not have a significant impact on the company’s governance structure.
3. The implementation of this share increase plan will strictly comply with relevant laws and regulations, as well as the relevant provisions of China Securities Regulatory Commission and Shenzhen Stock Exchange on changes in equity of listed companies, sensitive periods of stock trading and short-term trading.
5、 Documents for future reference
1. Plan letter on increasing shares of the company.
It is hereby announced.
Xiamen Wanli Stone Stock Co.Ltd(002785) board of directors March 15, 2022
