Securities code: Shanghai Weaver Network Co.Ltd(603039) securities abbreviation: Shanghai Weaver Network Co.Ltd(603039) Announcement No.: 2022028 Shanghai Weaver Network Co.Ltd(603039)
Announcement on the plan of controlling shareholders to increase their shares in the company
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
Basic information of shareholding increase plan: Shanghai Weaver Network Co.Ltd(603039) (hereinafter referred to as “the company”) the controlling shareholder Mr. Wei Lidong plans to increase the company’s shares with his own funds within 6 months from May 5, 2022 (i.e. from May 5, 2022 to November 4, 2022). The proposed increase price is no more than 60 yuan / share, and the proposed increase amount is no less than 30 million yuan and no more than 50 million yuan. The fluctuation of the company’s share price may lead to uncertainty in the specific implementation time and price of Mr. weilidong’s shareholding increase plan.
Relevant risk tips: there may be risks that the shareholding increase plan cannot be completed due to changes in policies or capital markets and factors that cannot be predicted at present. Please pay attention to the investment risks.
On May 4, 2022, the company received the notification letter of the company’s controlling shareholder, Mr. Wei Lidong, on the plan to increase the company’s shares. Mr. Wei Lidong plans to increase the company’s shares. The relevant information is hereby announced as follows:
1、 Increased holdings and the current increase
(I) increased holding entities
The subject of this increase is Mr. Wei Lidong, the controlling shareholder of the company.
(II) the number and proportion of shares held by Mr. weilidong and those acting in concert
Before the implementation of the shareholding increase plan, Mr. Wei Lidong held 84342666 shares of the company, and his concerted actor, Mr. Wei Jinkun, held 49047265 shares of the company, a total of 133389931 shares of the company, accounting for 51.18% of the total share capital of the company.
(III) relevant information description
In the 12 months before the increase plan, Mr. weilidong and his persons acting in concert did not increase or reduce the shares of the company.
2、 Main contents of the shareholding increase plan
(I) purpose of the proposed increase in shares
Based on the confidence in the sustainable and healthy development of the company and the recognition of the value of the company, and promoting the sustainable and stable development of the company, the controlling shareholder, Mr. Wei Lidong, plans to increase part of the shares of the company in the next six months.
(II) types of shares to be increased this time
The type of shares to be increased this time is the company’s non tradable A shares.
(III) amount of shares to be increased this time
The amount of shares to be increased this time shall not be less than 30 million yuan and not more than 50 million yuan.
(IV) price of shares to be increased this time
The price of the shares to be increased this time shall not exceed 60 yuan / share. The controlling shareholder Mr. Wei Lidong will implement the increase plan according to the fluctuation of stock price and the overall trend of capital market.
(V) the way to increase the shares to be held this time
Increase the shares of the company through centralized bidding and block trading in the Shanghai stock exchange system.
(VI) implementation period of the share increase plan
Within six months from May 5, 2022 (i.e. from May 5, 2022 to November 4, 2022), the controlling shareholder Mr. Wei Lidong will implement the shareholding increase plan in strict accordance with the relevant provisions of laws, regulations and regulatory rules. During the implementation of the share increase plan, in case of window period or if the trading of the company’s shares is suspended for more than 10 consecutive trading days due to planning major events, the implementation of the share increase plan shall be postponed after the resumption of trading.
(VII) capital arrangement for the proposed increase of shares
The capital source of the proposed increase in shares is the self owned capital of the controlling shareholder Mr. weilidong.
3、 Uncertainty risk of the implementation of the shareholding increase plan
There may be a risk that the shareholding increase plan cannot be completed due to changes in policies or capital markets and factors that cannot be predicted at present. If the above-mentioned risks occur during the implementation of the shareholding increase plan, the controlling shareholder Mr. Wei Lidong will take practical measures to deal with them, and the company will also timely fulfill its obligation of information disclosure.
4、 Relevant commitments
Mr. Wei Lidong, the controlling shareholder, promises to complete the shareholding increase plan within the implementation period of the above shareholding increase plan, and will not reduce his shares of the company during the implementation period of the shareholding increase plan and within the period specified by laws and regulations. The shareholding increase will be carried out in strict accordance with laws and regulations, departmental rules and relevant provisions of Shanghai Stock Exchange.
5、 Other instructions
1. This increase complies with the securities law of the people’s Republic of China and other laws and regulations, departmental rules and the business rules of Shanghai Stock Exchange.
2. Mr. Wei Lidong, the controlling shareholder, said that the increase in the company’s shares was based on the confidence in the company’s sustainable and stable development in the future and the recognition of the company’s value, and promised to strictly abide by the provisions of relevant laws and regulations such as the securities law of the people’s Republic of China and the self regulatory guidance No. 8 of listed companies on Shanghai Stock Exchange – management of share changes. The implementation of this share increase plan will not affect the listing status of the company and will not lead to changes in the controlling shareholders and actual controllers of the company.
3. Mr. weilidong and the persons acting in concert promised not to reduce their shares in the company during the implementation of the increase and within the period specified by laws and regulations.
4. The company will continue to pay attention to the increase of shares held by the actual controller in accordance with the relevant provisions of the Listing Rules of Shanghai Stock Exchange, the administrative measures for the acquisition of listed companies and the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 8 – management of share changes, and fulfill the obligation of information disclosure in a timely manner. It is hereby announced.
Shanghai Weaver Network Co.Ltd(603039) board of directors may 4, 2022
