Securities code: 000034 securities abbreviation: Digital China Group Co.Ltd(000034) Announcement No.: 2022-004 Digital China Group Co.Ltd(000034)
Pre disclosure announcement on reduction of shares held by shareholders holding more than 5%
Wang Xiaoyan 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:
Mr. Wang Xiaoyan, the shareholder holding 38678205 shares of the company (accounting for 5.85% of the total share capital of the company), plans to reduce his holdings of no more than 13214464 shares of the company (i.e. no more than 2% of the total share capital of the company) by means of centralized bidding within 6 months after 15 trading days from the date of disclosure of this announcement;
The company recently received the notification letter of the reduction plan from the shareholder Mr. Wang Xiaoyan. According to the relevant reduction provisions such as several provisions on the reduction of shares by shareholders, directors, supervisors and senior managers of listed companies and the implementation rules for the reduction of shares by shareholders, directors, supervisors and senior managers of listed companies in Shenzhen Stock Exchange, the relevant matters are announced as follows: I. Basic information of shareholders
The shareholder Mr. Wang Xiaoyan holds 38678205 shares of the company, accounting for 5.85% of the total share capital of the company. 2、 Main contents of this reduction plan
1. Reason for reduction: personal capital needs
2. Source of shares: non-public offering shares
3. Number and proportion of shares to be reduced: no more than 13214464 shares, i.e. no more than 2% of the total share capital
4. Reduction period: within six months after 15 trading days from the date of disclosure of the reduction plan
5. Reduction method: centralized bidding transaction method
6. Reduction price: determined according to the secondary market price of the stock when the reduction is implemented
3、 Commitments and performance of shareholders
There is no violation of relevant commitments in the proposed reduction, which is consistent with the previously disclosed intentions and commitments. The reduction plan will strictly comply with the securities law of the people’s Republic of China, the measures for the administration of the acquisition of listed companies, the stock listing rules of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board The provisions of laws, regulations and normative documents such as self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 10 – share change management, several provisions on share reduction by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange, detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange, etc.
4、 Relevant risk tips
1. Mr. Wang Xiaoyan will decide whether to implement the share reduction plan according to the market situation and the company’s share price. There is some uncertainty in the implementation of the share reduction plan.
2. This reduction plan will not lead to changes in the company’s control and will not have an impact on the company’s governance structure and sustainable operation. Please invest rationally.
5、 Filing documents
Notification letter of share reduction plan issued by Wang Xiaoyan
It is hereby announced
Digital China Group Co.Ltd(000034) board of directors 13 January 2002
