Securities code: Bafang Electric(Suzhou) Co.Ltd(603489) securities abbreviation: Bafang Electric(Suzhou) Co.Ltd(603489) Announcement No.: 2022035 Bafang electric (Suzhou) Co., Ltd
Announcement on the progress of share repurchase through centralized bidding transaction
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.
Bafang electric (Suzhou) Co., Ltd. (hereinafter referred to as “the company”) held the 15th meeting of the second board of directors on March 16, 2022, deliberated and adopted the proposal on repurchase of shares of the company through centralized bidding transaction. For details of share repurchase, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on March 17, 2022 Report on repurchase of shares through centralized bidding transaction (2022018) disclosed on the.
According to the requirements of self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 7 – share repurchase, the company shall announce the repurchase progress as of the end of last month within the first three trading days of each month during the repurchase period. As of April 30, 2022, the cumulative number of shares repurchased by the company was 36700, accounting for about 0.03% of the total share capital, and the total transaction volume was 634447500 yuan (excluding transaction costs)
In the follow-up, the company will implement the repurchase plan in strict accordance with relevant regulations and in combination with market conditions within the repurchase period, and fulfill the obligation of information disclosure in time. Please pay attention to investment risks.
It is hereby announced.
Board of directors of Bafang electric (Suzhou) Co., Ltd. May 5, 2022
