Securities code: 002129 securities abbreviation: Tianjin Zhonghuan Semiconductor Co.Ltd(002129) Announcement No.: 2022-006 Tianjin Zhonghuan Semiconductor Co.Ltd(002129)
Announcement on initial repurchase of shares of the company
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.
Tianjin Zhonghuan Semiconductor Co.Ltd(002129) (hereinafter referred to as "the company") held the 22nd Meeting of the 6th board of directors on January 11, 2022, deliberated and adopted the proposal on share repurchase plan of the company, and planned to use its own funds to repurchase the company's shares at a price of no more than 61.55 yuan / share. The total capital of the company's share repurchase is expected to be no less than 355 million yuan, No more than RMB 391 million, and the implementation period of this share repurchase is no more than 12 months from the date when the share repurchase plan is considered and approved by the board of directors. For details, please refer to China Securities Journal, securities times and http://www.cn.info.com.cn on January 12, 2022 Announcement on share repurchase scheme of the company and report on share repurchase disclosed.
According to the relevant provisions of the guidelines on self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 - share repurchase (hereinafter referred to as the "guidelines on share repurchase"), the company shall disclose the fact of the first share repurchase on the next day. The company's initial share repurchase is hereby announced as follows:
1、 Details of the first repurchase of the company's shares
On January 12, 2022, the Company repurchased 5067658 shares of the company through centralized bidding through the special securities account for repurchasing shares for the first time, accounting for 0.16% of the current total share capital of the company. The maximum transaction price was 41.49 yuan / share, the minimum transaction price was 39.62 yuan / share, and the total amount paid was 207069380.58 yuan (excluding transaction costs).
The capital source of this share repurchase is the company's own funds, and the repurchase price does not exceed the upper limit proposed in the repurchase plan. This repurchase meets the requirements of relevant laws and regulations and the established share repurchase plan.
2、 Other instructions
The time of the company's initial share repurchase, the number of shares repurchased, the price of shares repurchased and the entrusted period of centralized bidding transaction comply with the provisions of the company's share repurchase plan and Articles 17, 18 and 19 of the repurchase guidelines. The specific instructions are as follows: (1) the company has not repurchased shares during the following periods:
1. If the announcement date is delayed due to special reasons within 10 trading days before the announcement of the company's annual report and semi annual report, it shall be calculated from the 10 trading days before the original scheduled announcement date;
2. Within ten trading days before the announcement of the company's quarterly report, performance forecast and performance express;
3. From the date of occurrence of major events that may have a significant impact on the stock trading price of the company or in the process of decision-making to the date of disclosure according to law;
4. Other circumstances prescribed by the CSRC.
(2) According to Article 18 of the repurchase guidelines, during the repurchase process, the number of shares repurchased by the company every five trading days shall not exceed 25% of the cumulative trading volume of 197991864 shares of the company's shares (i.e. 497966 shares) in the five trading days before the date of the first repurchase of shares (i.e. January 5, 2022 to January 11, 2022), Except that the number of shares repurchased every five trading days does not exceed one million. The number of shares repurchased by the company for the first time complies with the above provisions. (3) The company has not entrusted to buy back shares at the following trading hours:
1. Opening call auction;
2. Within half an hour before the closing;
3. There is no limit on the rise or fall of stock prices.
The price of the company's shares repurchased this time is lower than the price limited by the trading increase of the company's shares on the same day. The time for the company to repurchase shares, the number of shares to be repurchased and the entrusted period of centralized bidding transactions comply with the relevant provisions of Articles 17, 18 and 19 of the repurchase guidelines.
The company will continue to implement the repurchase plan during the repurchase period according to the market conditions, and perform the obligation of information disclosure according to the provisions of relevant laws, regulations and normative documents. Please pay attention to the investment risks.
It is hereby announced
Tianjin Zhonghuan Semiconductor Co.Ltd(002129) board of directors January 12, 2022
