Securities code: Xishui Strong Year Co.Ltd Inner Mongolia(600291) securities abbreviation: ST Xishui Announcement No.: 2022011 Xishui Strong Year Co.Ltd Inner Mongolia(600291) shareholder passive
Announcement on progress of share reduction
The board of directors, all directors and relevant shareholders 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:
Basic information of shareholders’ shareholding
Before the implementation of the reduction plan, the shareholder Beijing mianshifangda Investment Co., Ltd. (hereinafter referred to as “mianshifangda”) held a total of 73828688 shares of the company’s tradable shares with no sale conditions, accounting for 6.75% of the company’s total shares, including 73828614 Pledged Shares, accounting for 100% of the company’s total shares held by mianshifangda and 6.75% of the company’s total shares.
Progress of share reduction plan
On December 21, 2021, the company published in Shanghai Securities News, securities times, securities daily and the website of Shanghai Stock Exchange (www.sse. Com. CN.) The announcement of Xishui Co., Ltd. on the disposal of some shareholders’ shares in breach of contract and share reduction plan (p.2021061) was disclosed. Mianshifangda, the shareholder of the company, failed to pay the interest in full and on time as agreed in the agreement, which constituted a material breach of contract. In order to ensure the safety of creditor’s rights and recover the creditor’s rights as soon as possible, Zhongtai Securities Co.Ltd(600918) plans to continue to default on some shares of the company pledged by mianshifangda, the shareholder of the company. That is, Zhongtai Securities Co.Ltd(600918) plans to dispose of no more than 65583860 shares of the company pledged by mianshifangda through block trading and centralized bidding (accounting for 6% of the total shares of the company). Among them, if the shares are reduced through centralized bidding, the total number of shares reduced within any continuous 90 natural days shall not exceed 1% of the total number of shares of the company; If the shares are reduced through block trading, the total number of shares reduced within any continuous 90 natural days shall not exceed 2% of the total number of shares of the company; Used to repay its stock pledge financing loan.
On January 18, 2022, the company disclosed the suggestive announcement of Xishui shares on passive reduction of more than 5% shareholders to 1% (p.2022001), from January 12, 2022 to January 2022
During the 14th, Zhongtai Securities Co.Ltd(600918) disposed of the company’s shares pledged by Beijing mianshifangda through centralized bidding
10930643 shares, accounting for 1.00% of the total shares of the company.
Recently, the company received Zhongtai Securities Co.Ltd(600918) notice that the reduction plan has been implemented since 2022
During the period from January 12 to January 14, 2022, except for the disposal of shares held by mianshifangda, no violation was carried out
About disposal. The implementation of the share reduction plan as of the disclosure date of this announcement is hereby announced as follows:
1、 Basic information of the reducing entity before the reduction
Number of shares held
Shareholder name shareholder identity shareholding proportion current shareholding source
(shares)
Beijing mianshifangda invests more than 5% of the non first 73828688 shares and 6.75% of the issued shares to purchase assets. The majority shareholder of the limited liability company gets: 73828688 shares
The above reduction subjects have no concerted action.
2、 Implementation progress of share reduction plan
(I) major shareholders disclose the implementation progress of the reduction plan for the following reasons:
The reduction time is more than half
Current reduction
Reduction price
Current number of total gold holdings and reduction range
Name of shareholder number of ways and amount of reduction during reduction proportion of shares (yuan)/
(yuan (share ratio)
） ）
Beijing mianshifangda 10,93 1.00% 2022 / 1 / 1 centralized bidding 5.80 – 64,86 62,89 5.75 Investment Co., Ltd. 0643 2 ~ transaction 6.1902808045% company 2022 / 1 / 1.45
four
(II) whether the reduction is consistent with the plans and commitments previously disclosed by major shareholders or directors, supervisors and senior executives
√ yes □ no
(III) whether the listed company has disclosed major issues such as high transfer or planning merger and reorganization within the reduction time period
□ yes √ no
(IV) impact of this reduction on the company
This passive reduction will not lead to the change of control of the listed company and will not have a significant impact on the corporate governance structure, equity structure and sustainable operation. (V) other matters required by the exchange
III. relevant risk tips (I) uncertain risks in the implementation of the reduction plan, such as the preconditions and restrictive conditions for the implementation of the plan and the specific circumstances in which the relevant conditions are achieved or eliminated
The passive reduction due to this default disposal is affected by factors such as capital market conditions, the company’s secondary market share price and shareholders’ response measures. At present, Jinan Intermediate People’s Court of Shandong Province has conducted the first public auction of some shares held by mianshi Fangda through jd.com. Whether it will continue to be implemented is uncertain. Please pay attention to the investment risks. (II) whether the implementation of the share reduction plan will lead to the risk of change in the control of the listed company □ yes √ no (III) other risks
The company will continue to pay close attention to the progress of the disclosure of the above-mentioned information and supervise the shareholders to strictly comply with the relevant laws and regulations. Please pay attention to the relevant announcements of the company and pay attention to the investment risks.
It is hereby announced.
Xishui Strong Year Co.Ltd Inner Mongolia(600291) board of directors April 11, 2022
