Securities code: Bear Electric Appliance Co.Ltd(002959) securities abbreviation: Bear Electric Appliance Co.Ltd(002959) Announcement No.: 2022023 Bear Electric Appliance Co.Ltd(002959)
Announcement on the progress of share repurchase
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Bear Electric Appliance Co.Ltd(002959) (hereinafter referred to as "the company") held the 12th meeting of the second board of directors on March 15, 2022, deliberated and adopted the proposal on repurchase of some social public shares, and agreed that the company would use its own funds of RMB 80-120 million to repurchase some shares of the company by means of centralized competitive trading. The type of shares to be repurchased was A-share issued by the company, and the price of repurchased shares would not exceed 55 yuan / share. The repurchase period is 12 months from the date when the board of directors deliberates and approves the share repurchase plan. The company's stock ownership plan and / or share repurchase incentive plan will be implemented. See http://www.cn.info.com.cn for details Announcement on the scheme of repurchasing some social public shares (Announcement No.: 2022011) and repurchase report (Announcement No.: 2022016).
According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange, the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 - share repurchase, the company shall announce the progress of share repurchase as of the end of last month within the first three trading days of each month during the repurchase period. Now the progress of share repurchase is announced as follows: as of March 31, 2022, the company has not implemented share repurchase yet.
The company will continue to implement the repurchase plan during the repurchase period according to the market conditions, and timely perform the obligation of information disclosure in accordance with the provisions of relevant laws and regulations. Please pay attention to the follow-up announcement and pay attention to the investment risk.
It is hereby announced.
Bear Electric Appliance Co.Ltd(002959)
Board of directors
April 1, 2022
