Orient Securities Company Limited(600958) : successful issuance of A-share allotment and resumption of trading since the opening of the market on April 29

On April 28, Orient Securities Company Limited(600958) announced that as of the end date of payment for the issuance and subscription of A-Shares (April 27, 2022, t + 5), the total number of shares subscribed for Orient Securities Company Limited(600958) a shares was about 1503 million, accounting for 89.96% of the total number of A-Shares available for placement, It exceeds the lower limit of the subscription ratio in the measures for the administration of securities issuance of listed companies issued by the China Securities Regulatory Commission that "the number of shares subscribed by the original shareholders does not reach 70% of the amount to be placed" is regarded as the issuance failure. Therefore, the issuance of Orient Securities Company Limited(600958) a shares was successful.

According to the suggestive announcement of A-share allotment previously issued by Orient Securities Company Limited(600958) released, online pricing issuance is adopted for all A-share shareholders through the trading system of Shanghai Stock Exchange. The price of this A-share allotment is 8.46 yuan / share, and the shares are allotted to all A-share shareholders according to the proportion of 2.8 shares per 10 shares.

In addition, Orient Securities Company Limited(600958) the payment time of A-share allotment is the normal trading time of Shanghai Stock Exchange from April 21, 2022 (T + 1) to April 27, 2022 (T + 5), and the trading of A-share of the company is suspended all day during the payment period; April 28, 2022 is the online liquidation period of the registered company, and the trading of A-Shares of the company will continue to be suspended for one day; The trading of A-Shares of the company will resume from the opening of the market on April 29, 2022.

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