Securities code: Winall Hi-Tech Seed Co.Ltd(300087) securities abbreviation: Winall Hi-Tech Seed Co.Ltd(300087) Announcement No.: 2022023 Winall Hi-Tech Seed Co.Ltd(300087)
With regard to the pre disclosure announcement on the reduction of shares held by shareholders and senior managers holding more than 5%, Ms. Zhang Qin, the shareholder, vice chairman and general manager of the company holding more than 5%, 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:
Ms. Zhang Qin, the shareholder, vice chairman and general manager holding more than 5% of the company’s shares, holds 22384458 shares of the company (accounting for 4.9294% of 454098437 shares of the company’s total share capital; accounting for 5.0287% of 445134201 shares of the company’s total share capital excluding the number of shares in the special repurchase account). It is planned to reduce the shares of the company in the form of centralized bidding within 6 months after 15 trading days from the date of disclosure of this announcement, The reduction amount shall not exceed 1% of the total share capital of the company, i.e. no more than 4540984 shares (if the company has ex rights and ex interests matters such as dividend distribution, share distribution, conversion of capital reserve to share capital, share allotment and so on during the reduction period, the number of shares will be adjusted accordingly) Winall Hi-Tech Seed Co.Ltd(300087) (hereinafter referred to as “the company” or “the company”) has recently received the notification letter on share reduction plan issued by Ms. Zhang Qin, and now inform the relevant information as follows:
1、 Basic information of shareholders
As of the disclosure date of this announcement, the shareholding of Ms. Zhang Qin is as follows:
Proportion in the total share capital of the company
Shareholder name shareholder identity number of shares (shares) in total share capital proportion of share capital after share purchase
Vice chairman and general manager
Zhang Qinli 223844584.9294% 5.0287%
2、 Main contents of this reduction plan
1. The reason for the proposed reduction: its own capital needs.
2. Source of shares: shares issued before the company’s initial public offering, shares increased due to equity distribution, and shares purchased through centralized bidding.
3. Quantity and proportion of reduction: no more than 1% of the total share capital of the company, i.e. no more than 4540984 shares. If the company has ex right and ex interest matters such as dividend distribution, share distribution, conversion of capital reserve to share capital, share allotment and so on during the reduction period, the number of shares will be adjusted accordingly.
4. Reduction method: centralized bidding transaction method.
5. Reduction period: within 6 months after 15 trading days from the date of disclosure of this announcement; 6. Reduction price: determined according to the market price at the time of reduction.
3、 Relevant risk tips
1. The implementation of the share reduction plan is uncertain. Ms. Zhang Qin will decide whether to implement the share reduction plan according to the market conditions and the company’s share price.
2. The share reduction plan complies with relevant laws and regulations such as the Listing Rules of gem shares of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of GEM listed companies, several provisions on share reduction by shareholders, directors, supervisors and senior managers of listed companies, and the detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange Regulations and normative documents.
3. The implementation of this share reduction plan will not lead to the change of the company’s control, nor will it have an impact on the company’s governance structure and sustainable operation.
4. During the implementation of the share reduction plan, the board of directors of the company will urge Ms. Zhang Qin to strictly abide by the provisions of corresponding laws and regulations, departmental rules and normative documents, and timely perform the obligation of information disclosure.
4、 Documents for future reference
Shareholders’ notification letter on share reduction plan.
It is hereby announced
Winall Hi-Tech Seed Co.Ltd(300087) board of directors March 21, 2002
