Stock abbreviation: Yonyou Network Technology Co.Ltd(600588) Stock Code: Yonyou Network Technology Co.Ltd(600588) No.: pro 2022036
Yonyou Network Technology Co.Ltd(600588)
Announcement on the progress of repurchasing shares of the company by centralized bidding
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Yonyou Network Technology Co.Ltd(600588) (hereinafter referred to as ” Yonyou Network Technology Co.Ltd(600588) ” or “the company”) held the 32nd meeting of the 8th board of directors on March 11, 2022, deliberated and approved the proposal of the company on repurchase of shares of the company by means of centralized bidding transaction. The company plans to use its own funds of no less than RMB 600 million (inclusive) and no more than RMB 1 million (inclusive) to repurchase shares of the company, The repurchase period shall be within 12 months from the date when the board of directors deliberates and approves the share repurchase plan (i.e. from March 11, 2022 to March 10, 2023). For details, see Yonyou Network Technology Co.Ltd(600588) announcement on the share repurchase plan of the company through centralized bidding transaction (No.: pro 2022021) and Yonyou Network Technology Co.Ltd(600588) report on the repurchase of shares of the company through centralized bidding transaction (No.: pro 2022022). On March 21, 2022, the company implemented the first repurchase by means of centralized bidding transaction. For details, see Yonyou Network Technology Co.Ltd(600588) announcement on the first repurchase of company shares by means of centralized bidding transaction (No.: pro 2022033).
The progress of the company’s share repurchase is now announced as follows: as of March 25, 2022, the cumulative number of shares repurchased by the company is 20774946, accounting for 0.6046% of the company’s current total share capital. The highest purchase price is 24.98 yuan / share, the lowest purchase price is 23.02 yuan / share, and the total amount paid is 50175989692 yuan (excluding Commission and other transaction expenses).
The above repurchase progress complies with the established share repurchase plan and relevant laws and regulations. In the future, the company will implement share repurchase within the repurchase period according to the market conditions and in strict accordance with the requirements of laws and regulations such as self regulatory guidelines for listed companies on Shanghai Stock Exchange No. 7 – share repurchase, and timely fulfill the obligation of information disclosure. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Yonyou Network Technology Co.Ltd(600588) board of directors March 28, 2002