The Hong Kong Exchanges and Clearing Limited and the stock exchange of Hong Kong Limited shall not be responsible for the contents of this announcement, nor make any statement on its accuracy or completeness, and expressly state that they shall not be liable for any loss arising from the whole or any part of the contents of the announcement or reliance on such contents.
Shanghai Fudan Microelectronics Group Co.Ltd(688385)
Shanghai Fudan Microelectronics Group Company Limited (a joint stock limited company incorporated in the people's Republic of China)
(share No.: 1385)
Change each trading unit
The board of directors announced that each trading unit of the company's shares traded on the stock exchange will be changed from 2000 shares to 1000 shares, with effect from 9:00 a.m. on Monday, April 11, 2022. During the business hours from Friday, March 25, 2022 to Friday, May 6, 2022 (including the first and last two days), shareholders can exchange new shares (blue) with 1000 shares per transaction by sending the existing shares (yellow) of 2000 shares per transaction to zhuoka dengjieshi Co., Ltd., the Hong Kong share transfer registry of the company, 54 / F, Hopewell Center, 183 Queen's Road East, Hong Kong Shanghai Fudan Microelectronics Group Co.Ltd(688385) (the "company") the board of directors (the "board") announced that the H shares (the "shares") with a par value of RMB 0.10 per share in the share capital of the company were changed from 2000 shares to 1000 shares in each trading unit traded on the stock exchange of Hong Kong Limited (the "Stock Exchange"), with effect from 9:00 a.m. on Monday, April 11, 2022. The expected schedule of related transactions and other arrangements is set out below. The directors of the company (the "Directors") believe that reducing the number of units traded per hand will improve the circulation of shares and broaden the shareholder base of the company. Changing each trading unit will not change any relevant rights of shareholders of the company ("shareholders"). Since the above changes in each trading unit will not result in piecemeal trading units, it is not necessary to make an order matching arrangement for piecemeal trading units. The directors believe that it is in the overall interests of the company and shareholders to change each trading unit.
Expected schedule
The date and time of the event are based on the free exchange of existing shares with 2000 shares per trading unit
Each trading unit is 1000 shares, the first day of new shares On Friday, March 25, 2022, 2000 shares were traded on the original OTC market with each trading unit
Last day On Friday, April 8, 2022, the trading unit of each transaction was changed from 2000 shares to 1000 shares
Effective date At 9:00 a.m. on Monday, April 11, 2022, the old 2000 shares per hand trading unit was changed to the new 1000 shares per hand trading unit
Yi At 9:00 a.m. on Monday, April 11, 2022, it is a temporary trading counter with 2000 shares per hand as the trading unit
Taiwan open 9:00 am on Monday, April 11, 2022
The first day of parallel trading At 9:00 a.m. on Monday, April 11, 2022, there is a temporary stock trading counter with the old 2000 shares per hand as the trading unit
Table off 4:10 pm on Wednesday, May 4, 2022
Parallel trading ends At 4:10 p.m. on Wednesday, May 4, 2022, the final date (and the date of transfer of shares) for free exchange of existing shares with 2000 shares per trading unit for new shares with 1000 shares per trading unit
Deadline for submission of shares in the transfer Registry) At 4:30 p.m. on Friday, May 6, 2022, shareholders can send the shares (yellow) with 2000 shares per transaction to zhuoka dengjieshi Co., Ltd. of the company during the business hours from Friday, March 25, 2022 to Friday, May 6, 2022 (including the first and last two days), The address is 54 / F, Hopewell Center, 183 Queen's Road East, Hong Kong. It is free to exchange new shares (blue) with 1000 shares per transaction. After the period, the shareholders shall pay a fee of HK $2.50 (or such higher amount as the stock exchange may specify from time to time) for each issue of a new share with a trading unit of 1000 shares per hand or each submission of an existing share (whichever is greater).
It is expected that shareholders will be able to receive new shares at the company's Hong Kong share transfer Registry within 10 business days from the submission of existing shares to the company's Hong Kong share transfer registry for redemption. The format of the new shares is the same as that of the existing shares, except that the number and color of shares in each trading unit are changed. From Monday, April 11, 2022, all new shares will be issued for 1000 shares per trading unit (unless otherwise directed by the fractional shares or the share transfer Registry). All existing shares issued for 2000 shares per trading unit will continue to be valid certificates of legal ownership of such shares and can be used for effective transfer, settlement and settlement.
Accept the order of the board of directors
Shanghai Fudan Microelectronics Group Co.Ltd(688385) Jiang Guoxing
chairman
Shanghai, China, March 18, 2022
As at the date of this announcement, the executive directors of the company are Mr. Jiang Guoxing, Mr. Shi Lei, Mr. Yu Jun and Ms. Cheng Junxia; The non-executive directors are Ms. Zhang Qianling, Mr. Wu Ping, Ms. Liu Huayan and Mr. Sun Zheng; The independent non-executive directors are Mr. Guo Li, Mr. Cao Zhongyong, Mr. Cai Minyong and Mr. Wang pin Identification only
