Securities code: Xinjiang Talimu Agriculture Development Co.Ltd(600359) securities abbreviation: Xinjiang Talimu Agriculture Development Co.Ltd(600359) Announcement No.: 2022020 Xinjiang Talimu Agriculture Development Co.Ltd(600359) supplementary suggestive announcement on planning non-public offering of shares
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: the non-public offering of shares is still in the planning stage and has not been deliberated by the board of directors and the general meeting of shareholders, and the follow-up implementation is uncertain; This non-public offering of shares still needs to be approved by the CSRC; The above approvals or approvals are the preconditions for the implementation of this issuance. There are uncertainties about whether the above approvals or approvals can be obtained and the final time of obtaining the approvals or approvals.
Xinjiang Talimu Agriculture Development Co.Ltd(600359) (hereinafter referred to as “the company”) is planning a non-public offering of shares. In view of the significant uncertainty of the matter, in order to ensure fair information disclosure and safeguard the interests of investors, the relevant information is hereby supplemented and announced as follows:
1、 Basic information of this non-public offering
The company plans to issue non-public shares to no more than 35 specific investors, and the raised funds are intended to be used for the construction projects of 10000 cow farms and supporting forage bases. The number of shares in this non-public offering shall not exceed 30% of the total share capital of the company before the offering (i.e. no more than 114453840 shares). The final number of shares to be issued shall be subject to the approval document of the CSRC on this offering. The total amount of funds raised in this non-public offering of shares shall not exceed 120 million yuan (including 120 million yuan). The pricing base date shall be determined in accordance with relevant laws and regulations. The issuance price shall not be less than 80% of the average trading price of the company’s shares in the 20 trading days before the pricing base date. The final issuance price shall be authorized by the board of directors according to the authorization of the general meeting of shareholders. After the application for this non-public offering of shares is approved by the CSRC, It shall be determined according to the inquiry results in accordance with the relevant rules of the CSRC.
2、 Does this non-public offering of shares constitute a connected transaction
As of the date of this announcement, the company has not known whether the related parties intend to subscribe for the shares issued this time, and whether there is a related party transaction due to the related parties’ subscription of the company’s non-public offering shares, which will be disclosed in the issuance report announced after the issuance.
3、 Whether the non-public offering of shares has led to changes in the company’s control. Before this offering, the total share capital of the company was 381512800 shares. Alar Tongzhong state owned Assets Management Co., Ltd., the controlling shareholder of the company, holds 1538156 million shares, accounting for 40.32% of the total share capital of the company.
After the end of this non-public offering, the controlling shareholder and actual controller of the company will not change.
4、 Risk tips for major events
As the above non-public offering of shares is still in the planning stage and has not been deliberated by the board of directors and the general meeting of shareholders, there is uncertainty in the follow-up implementation. This non-public offering of shares still needs to be approved by the CSRC. The above approvals or approvals are the preconditions for the implementation of this issuance. There are uncertainties about whether the above approvals or approvals can be obtained and the final time of obtaining the approvals or approvals.
The company will perform the obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations according to the progress of the matter. Please pay attention to investment risks.
It is hereby announced.
Xinjiang Talimu Agriculture Development Co.Ltd(600359) board of directors April 13, 2022
