Securities code: Cccg Real Estate Corporation Limited(000736) securities abbreviation: Cccg Real Estate Corporation Limited(000736) Announcement No.: 2021042
Bond Code: 114547 bond abbreviation: 19 CCCC bond
Bond Code: 149192 bond abbreviation: 20 CCCC bond
Bond Code: 149610 bond abbreviation: 21 CCCC bond
Cccg Real Estate Corporation Limited(000736)
Announcement on pre disclosure of share reduction by major shareholders
Chongqing Yufu capital operation group Co., Ltd., a shareholder holding more than 5%, guarantees that the information provided to the company is true, accurate and complete without false records, misleading statements or major omissions.
The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor. Special tips:
Chongqing Yufu capital operation group Co., Ltd. (hereinafter referred to as “Chongqing Yufu”) holds 62338800 shares of Cccg Real Estate Corporation Limited(000736) (hereinafter referred to as “our company”) (accounting for 8.96% of the total share capital of our company). The planned reduction of our shares does not exceed 20863010 shares, accounting for 3% of the total share capital of our company. Among them, if the reduction is carried out through centralized bidding trading at the stock exchange, It will be carried out within 6 months after 15 trading days from the date of announcement of the reduction plan; The reduction through block trading will be carried out within 6 months after the announcement of this reduction plan.
1、 Basic information of shareholders
Name of shareholder: Chongqing Yufu capital operation group Co., Ltd
Number of shares held: 62338800 shares
Proportion in total share capital of our company: 8.96%
2、 Main contents of this reduction plan
(I) reasons for reduction: own capital planning and arrangement.
(II) source of shares: transferred through agreement in 2005.
(III) number and proportion of shares to be reduced: Chongqing Yufu plans to reduce no more than 20863010 shares of our company, accounting for 3% of our total share capital. During the reduction period, if there are share changes such as share distribution and conversion of capital reserve to share capital, the above number will be adjusted accordingly.
(IV) reduction method: through centralized bidding or block trading. If centralized bidding trading is adopted, the total number of shares reduced shall not exceed 1% of the total number of shares of our company within any continuous 90 natural days; If the shares are reduced through block trading, the total number of shares reduced shall not exceed 2% of the total number of shares of our company within any continuous 90 natural days.
(V) reduction period: if the reduction is carried out through centralized bidding trading in the stock exchange, it will be carried out within 6 months after 15 trading days from the date of announcement of the reduction plan; The reduction through block trading will be carried out within 6 months after the announcement of this reduction plan.
(VI) reduction price range: determined according to the market price when the reduction is implemented.
(VII) performance of commitments: Cccg Real Estate Corporation Limited(000736) implemented the split share structure reform and private placement on December 5, 2008. Chongqing Yufu once promised that the Cccg Real Estate Corporation Limited(000736) shares held by Chongqing Yufu would not be listed or transferred for 12 months from the date of implementation of Cccg Real Estate Corporation Limited(000736) split share structure reform, and the number of shares listed and sold through the stock exchange within 12 months after the expiration of the above-mentioned lock-up period would not exceed 5% of Cccg Real Estate Corporation Limited(000736) total share capital, Within 24 months, it shall not exceed 10% of Cccg Real Estate Corporation Limited(000736) total share capital. The above commitments have been strictly fulfilled on schedule.
3、 Relevant risk tips
1. Chongqing Yufu will decide the process of implementing the share reduction plan according to the market conditions and the company’s share price. There are uncertainties in the completion time, quantity and price of the share reduction plan.
2. During the reduction period, Chongqing Yufu will implement the reduction plan legally and legally in strict accordance with relevant regulatory regulations and requirements, and fulfill the obligation of information disclosure in time.
3. Chongqing Yufu is not the controlling shareholder or actual controller of our company. The implementation of this share reduction plan will not lead to the change of our control and will not have an adverse impact on our governance structure and sustainable operation.
4、 Documents for future reference
Notification letter of Cccg Real Estate Corporation Limited(000736) share reduction plan issued by Chongqing Yufu.
It is hereby announced.
Cccg Real Estate Corporation Limited(000736) board of directors April 12, 2022
