Securities code: Suzhou Shijia Science & Technology Inc(002796) securities abbreviation: Suzhou Shijia Science & Technology Inc(002796) Announcement No.: 2022034 Suzhou Shijia Science & Technology Inc(002796)
Announcement on the progress of share repurchase
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Suzhou Shijia Science & Technology Inc(002796) (hereinafter referred to as “the company” or ” Suzhou Shijia Science & Technology Inc(002796) “) held the 23rd Meeting of the third board of directors on September 27, 2021. The meeting deliberated and adopted the proposal on share repurchase scheme of the company, that is, the company plans to use self raised funds to repurchase RMB common shares (A shares) issued and listed in China by means of centralized bidding transaction; The total amount of funds planned for share repurchase this time shall not be less than 30 million yuan (inclusive) and not more than 60 million yuan (inclusive); The price of the repurchased shares will not exceed RMB 14.44 per share (inclusive); The implementation period of this share repurchase is 12 months from the date when the board of directors of the company deliberates and approves the share repurchase plan of the company. The specific capital amount, number and price of shares to be repurchased will be subject to the actual repurchase situation at the expiration of the repurchase period. For details of this share repurchase, please refer to the announcement on share repurchase scheme of the company (Announcement No.: 2021074) and other relevant announcements published by the company on the designated information disclosure media on September 28, 2021.
1、 Repurchase progress
In accordance with the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 9 – share repurchase (hereinafter referred to as “self regulatory guidelines No. 9”) and other relevant provisions, the progress of the company’s share repurchase is disclosed as follows:
As of April 30, 2022, the company has repurchased 1747050 shares, accounting for 0.6921% of the total share capital of the company. The maximum transaction price of repurchased shares is 8.46 yuan / share, the minimum transaction price is 7.66 yuan / share, and the total transaction amount is 1418847173 yuan (excluding relevant transaction costs). This repurchase of shares meets the requirements of the established repurchase report.
2、 Other instructions
1. The share repurchase of the company complies with the relevant provisions of Articles 17, 18 and 19 of the self regulatory guidelines No. 9:
(1) The company did not repurchase 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 trading price of the company’s shares or in the process of decision-making to the date of disclosure according to law;
④ Other circumstances prescribed by the CSRC.
(2) The cumulative trading volume of the company’s shares in the five trading days before the date of the company’s initial share repurchase (December 31, 2021) (December 24, 2021 to December 30, 2021) was 9273219 shares.
Since the date of the company’s repurchase, as of April 30, 2022, the maximum number of shares repurchased by the company every five trading days is 1237100 shares (from January 27, 2022 to February 7, 2022). The number of shares repurchased by the company every five trading days does not exceed 25% of the cumulative trading volume of the company’s shares in the five trading days before the date of the first repurchase.
(3) The repurchase of shares by the company meets the following requirements
① The entrusted price is not the price limited by the trading increase of the company’s shares on that day;
② The entrustment of share repurchase is not carried out within the opening call auction of the company’s shares, half an hour before the closing and within the trading day when the stock price has no limit on rise or fall;
③ Other requirements of CSRC and Shenzhen Stock Exchange.
2. Subsequently, the company will continue to implement the repurchase plan within the repurchase period according to the market conditions, and will timely perform the obligation of information disclosure in accordance with relevant laws and regulations and the repurchase report. Please pay attention to investment risks.
It is hereby announced.
Suzhou Shijia Science & Technology Inc(002796) board of directors may 5, 2002
