Securities code: Snowsky Salt Industry Group Co.Ltd(600929) securities abbreviation: Snowsky Salt Industry Group Co.Ltd(600929) Announcement No.: 2022018 bond Code: 110071 bond abbreviation: Huyan convertible bond
Snowsky Salt Industry Group Co.Ltd(600929)
Announcement of convertible bond conversion results and share changes
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.
Important content tips:
● share conversion: as of March 31, 2022, a total of 18 Shanghai Pudong Development Bank Co.Ltd(600000) yuan of "Huyan convertible bonds" had been converted into the company's shares, and the number of shares formed by share conversion was 28421, accounting for 0.0031% of the total issued shares (917751148 shares) of the company before the "Huyan convertible bonds" was converted.
● convertible bonds not converted into shares: as of March 31, 2022, the amount of "Huyan convertible bonds" not converted into shares was RMB 71981400000, accounting for 999741% of the total issuance of Huyan convertible bonds.
1、 Overview of convertible bond issuance and listing
(I) issuance of convertible bonds
With the approval of zjxk [2020] No. 1175 document of China Securities Regulatory Commission, Snowsky Salt Industry Group Co.Ltd(600929) (hereinafter referred to as "the company") publicly issued convertible corporate bonds on July 10, 2020, with an issuance scale of 720 million yuan and a term of 6 years.
(II) listing of convertible bonds
With the consent of self regulatory decision [2020] No. 221 of Shanghai Stock Exchange, the company's 720 million yuan convertible corporate bonds will be listed and traded in Shanghai Stock Exchange from July 31, 2020. The bonds are referred to as "Huyan convertible bonds" for short and the bond code is "110071".
According to the relevant provisions of the stock listing rules of Shanghai Stock Exchange and the prospectus for public offering of convertible corporate bonds of Hunan salt industry Co., Ltd. (hereinafter referred to as the "prospectus"), the "Huyan convertible bonds" issued by the company can be converted into shares of the company from January 18, 2021. The conversion period is until July 9, 2026, and the conversion price is 6.60 yuan / share.
The company implemented and completed the 2020 annual equity distribution in May 2021, and the conversion price of Huyan convertible bonds was adjusted to 6.52 yuan / share. For details, please refer to the announcement on the conversion price adjustment of "Huyan convertible bonds" (Announcement No.: 2021079) disclosed by the company on May 25, 2021.
The 26th meeting of the third board of directors and the 22nd Meeting of the third board of supervisors held on February 4, 2021 and the second extraordinary general meeting of 2021 held on May 6, 2021 deliberated and approved the proposal on the company's restricted stock incentive plan (Draft) in 2021 and its summary. According to the relevant provisions of the company's restricted stock incentive plan in 2021 and the authorization of the second extraordinary general meeting of shareholders in 2021, the proposal on granting restricted shares to incentive objects for the first time was deliberated and adopted at the 30th meeting of the third board of directors on May 11, 2021. On June 28, 2021, the company completed the registration procedures of 14120000 restricted shares granted for the first time in China Securities Depository and Clearing Co., Ltd. Shanghai Branch (hereinafter referred to as "zhongdeng Shanghai Branch") (for details, see Snowsky Salt Industry Group Co.Ltd(600929) announcement on the results of granting restricted shares to incentive objects for the first time (Announcement No.: 2021092).
The 27th meeting of the third board of directors and the 23rd Meeting of the third board of supervisors held on March 4, 2021, the second meeting of the Fourth Board of directors and the second meeting of the Fourth Board of supervisors held on June 28, 2021, the sixth meeting of the Fourth Board of directors and the fifth meeting of the Fourth Board of supervisors held on September 1, 2021 The fourth extraordinary general meeting of shareholders in 2021 held on September 17, 2021 deliberated and approved the proposal on the company's issuance of shares to purchase assets and related party transactions. According to the reply on Approving the application of Snowsky Salt Industry Group Co.Ltd(600929) to issue shares to Hunan Light Industry Salt Industry Group Co., Ltd. to purchase assets (zjxk [2021] No. 3971) issued by China Securities Regulatory Commission, the company issued 299292631 shares to Hunan Light Industry Salt Industry Group Co., Ltd. and 95578867 shares to Hunan light salt Shengfu salt industry private equity fund partnership (limited partnership), Issue 21519235 shares to Hualing Jinshan (Tianjin) industrial investment fund partnership (limited partnership) to purchase relevant assets. For details of the announcement on the issuance of shares of the company and the registration of changes in the share capital of the company registered on September 18, 2022 (see the announcement on the issuance of shares of the company and the registration of changes in the share capital of the company).
According to the provisions of the prospectus, after the implementation of the above restricted stock incentive plan and the issuance of shares to purchase assets and issue new shares, the company will adjust the conversion price of "Huyan convertible bonds" to 5.89 yuan / share from January 24, 2022. (Announcement No.: 2022007)
2、 Current share conversion of convertible bonds
From January 1, 2022 to March 31, 2022, a total of 9000 yuan of "Huyan convertible bonds" were converted into the company's shares. The number of shares formed by the conversion was 1427, accounting for 0 Sichuan New Energy Power Company Limited(000155) % of the total issued shares of the company before the conversion of convertible bonds.
As of March 31, 2022, a total of 18 Shanghai Pudong Development Bank Co.Ltd(600000) yuan of "Huyan convertible bonds" had been converted into the company's shares. The number of shares formed by the conversion was 28421, accounting for 0.0031% of the total issued shares of the company before the conversion of "Huyan convertible bonds".
As of March 31, 2022, the amount of "Huyan convertible bonds" that have not been converted into shares is RMB 71981400000, accounting for 999741% of the total issuance of Huyan convertible bonds.
3、 Changes in share capital
After the convertible bonds are converted into shares, the changes of the company's share capital structure are as follows:
Unit: shares
Before and after change
This convertible bond
Share class (December 31, 2021) (March 31, 2022)
(day)
Tradable shares with limited sales conditions 1412 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 32390733
Tradable shares without restrictions 9177781421427917779569
Total share capital 93189814214271350170302
Note: (1) in 2021, the company implemented the purchase of 100% equity of Chongqing Xiangyu Salt Chemical Co., Ltd. held by Hunan Light Industry Salt Group Co., Ltd., Hunan light salt Shengfu salt chemical industry private equity fund partnership (limited partnership) and Valin Jinshan (Tianjin) industrial investment fund partnership (limited partnership) by issuing shares.
On December 17, 2021, the matter was approved by the China Securities Regulatory Commission on Approving the application of Snowsky Salt Industry Group Co.Ltd(600929) to issue shares to purchase assets from Hunan Light Industry Salt Industry Group Co., Ltd. (zjxk [2021] No. 3971). The company has completed the share registration of the above-mentioned major asset reorganization on January 18, 2022. The number of new shares issued by the company is 416390733. (2) The company implemented the restricted stock incentive plan in 2021, which has been deliberated and approved by the company's second extraordinary general meeting in 2021. According to the restricted stock incentive plan in 2021 (Revised Draft) and other relevant provisions, the company completed the registration of rights and interests of all restricted shares on June 28, 2021 and January 24, 2022 respectively. Among them, 1880000 new shares were issued on January 24, 2022.
4、 Other
Contact Department: securities legal department of the company
Tel: 073184449266
Contact email: [email protected].
It is hereby announced.
Snowsky Salt Industry Group Co.Ltd(600929) board of directors April 6, 2022
