Securities code: Lingnan Eco&Culture-Tourism Co.Ltd(002717) securities abbreviation: Lingnan Eco&Culture-Tourism Co.Ltd(002717) Announcement No.: 2022015
Lingnan Eco&Culture-Tourism Co.Ltd(002717)
Announcement on the reduction of shareholders’ shareholding ratio of 1%
The shareholder Mr. Yin Hongwei 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.
Lingnan Eco&Culture-Tourism Co.Ltd(002717) (hereinafter referred to as “the company” or ” Lingnan Eco&Culture-Tourism Co.Ltd(002717) “) disclosed the pre disclosure announcement on the reduction plan of shareholders, some directors and senior managers (Announcement No.: 2021094) on cninfo.com on September 30, 2021. Mr. Yin Hongwei, the shareholder, plans to reduce the shares of the company through centralized bidding and block trading within 6 months after 15 trading days from the date of announcement disclosure, and the number of shares reduced shall not exceed 6% of the total share capital of the company, i.e. 101064405 shares. Mr. Yin Hongwei completed the reduction of some shares from November 12, 2021 to December 8, 2021. For details, see the announcement on shareholders’ reduction of 1% (2021124) disclosed by the company on cninfo.com on December 9, 2021.
A few days ago, the company received a letter from the shareholder Mr. Yin Hongwei that the reduction proportion has reached 1% of the total share capital of the company, and the cumulative reduction proportion has reached 50% of the planned reduction proportion.
The details of Mr. Yin Hongwei’s reduction are as follows:
1、 Changes in shareholders’ shares
Average transaction price
Shareholder name change time change method reduction quantity (shares) change proportion (yuan / share)
March 16, 2022 3.348472200000.4285% Yin Hongwei March 17, 2022 centralized bidding 3.4837553000000.3282% March 18, 2022 3.561932312000.1918%
Total 159812000.9485%
Note: any discrepancy between the total and the sum of the itemized data in this announcement is caused by rounding.
2、 Shareholding before and after the change of shareholders’ shares
Name number of shares held before reduction and proportion in share capital number of shares held after reduction and proportion in share capital
Yin Hongwei 389127671 shares note 1 23.10% note 2373146471 shares note 2 22.15%
Note 1: on December 28, 2021, Mr. Yin Hongwei signed the share transfer agreement with Shenzhen Xinling investment partnership (limited partnership) (hereinafter referred to as “Xinling investment”), and Xinling investment transferred Lingnan Eco&Culture-Tourism Co.Ltd(002717) 84220880 tradable shares held by Mr. Yin Hongwei at the price of 3.13 yuan / share, accounting for about 5% of the total share capital of the listed company, And complete the transfer on December 31, 2021. Before the reduction, Mr. Yin Hongwei held 389127671 shares of the company, accounting for about 23.10% of the total share capital of the company; Note 2: calculated on the basis of 1684827068 shares of the company’s total share capital on March 17, 2022.
3、 Description of shareholders’ reduction of shares exceeding 1%
1. Basic information
Information disclosure obligor Yin Hongwei
Address: Guancheng District, Dongguan City, Guangdong Province
Changes in equity from March 16, 2022 to March 18, 2022
Stock abbreviation Lingnan Eco&Culture-Tourism Co.Ltd(002717) stock code Lingnan Eco&Culture-Tourism Co.Ltd(002717)
Change type
(more can be added □ less √ concerted action □ none √
(optional)
Whether it is the largest shareholder or actual controller yes √ no □
2. Changes in equity this time
Type of shares (A shares, B shares, etc.) number of shares (shares) reduction proportion (%)
A shares 159812000.9485%
Total 159812000.9485%
The way of equity change this time (mainly through the centralized trading of the stock exchange) √
□) block trading through stock exchange □
Others □ (please specify)
Self owned funds □ bank loans □
The capital source of this share increase is loans from other financial institutions □ shareholder investment □
(multiple choices are allowed) others □ (please specify)
Not involving the source of funds □ not applicable √
3. Shares of listed companies owned by investors and persons acting in concert before and after the change
Shares held before this change shares held after this change
Nature of shares
Proportion of shares (shares) in total share capital proportion of shares (shares) in total share capital
Total shares held: 38912767123.10% 37314647122.15%
Including: shares with unlimited sales conditions 29184575317.32% 27586455316.37%
Shares with limited sales conditions 972819185.77%
4. Implementation of commitments, plans, etc
Yes √ no □
On September 30, 2021, the company disclosed the pre disclosure announcement on the shareholding reduction plan of shareholders and some directors and senior managers on cninfo.com (Announcement No.:
Whether this change is fulfilled (2021094).
The shareholder Mr. Yin Hongwei plans to reduce the company’s shares by means of centralized bidding and block trading within 6 months after the commitment, intention and date of 15 transactions from the date of announcement disclosure, and the number of shares reduced shall not exceed 6% of the company’s total share capital, i.e. 101064405 shares. The transferee of block trading shall not transfer its transferred shares within 6 months. This equity change is a reasonable reduction based on the above reduction plan, and the amount and time of reduction are consistent with the reduction plan.
Is there any violation of the securities law and the regulations of Listed Companies in this change
Acquisition management measures and other laws, yes □ no √
Administrative regulations and departmental rules. If yes, please explain the specific situation of violations, rectification plan and treatment measures. Normative documents and business rules of the exchange 5 Shares with restricted voting rights
According to Article 60 of the securities law, yes □ no √
Whether the provisions of Article 3 exist. If so, please explain the proportion of the corresponding number of shares in the share capital of the existing listed company. Non voting shares 6 Further explanation on the increase of shares held by more than 30% shareholders (not applicable) 7 Documents for future reference 1. Details of shareholding changes of China Securities Depository and Clearing Co., Ltd. □
2. Relevant written commitment documents □
3. Written opinions of lawyers □
4. Other documents required by SZSE √
4、 Relevant description
1. Mr. Yin Hongwei’s reduction complies with the company law, the securities law and the Shenzhen Stock Exchange
Municipal rules, Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 1 – standardized operation of listed companies on the main board
Several provisions on the reduction of shares held by shareholders, directors, supervisors and senior executives of listed companies and listed companies on Shenzhen Stock Exchange
Detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers and other relevant laws, regulations and norms
Document requirements.
2. Mr. Yin Hongwei’s actual reduction is consistent with the previously disclosed reduction plan.
3. The implementation of this share reduction plan will not lead to the change of the company’s control, nor will it affect the company’s governance
Significant impact on structure and going concern.
4. The share reduction plan has not been implemented yet. Mr. Yin Hongwei 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 implementation of the share reduction plan such as the reduction time and price.
5. The company will continue to pay attention to the follow-up implementation of its share reduction plan and timely perform the obligation of information disclosure in accordance with relevant regulations.
5、 Documents for future reference
1. Notification letter on the implementation progress of the share reduction plan of the company issued by Mr. Yin Hongwei.
It is hereby announced.
Lingnan Eco&Culture-Tourism Co.Ltd(002717) board of directors March 19, 2022
