Securities code: Iat Automobile Technology Co.Ltd(300825) securities abbreviation: Iat Automobile Technology Co.Ltd(300825) Announcement No.: 2022064 Iat Automobile Technology Co.Ltd(300825)
Announcement on the implementation of equity distribution in 2021
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Iat Automobile Technology Co.Ltd(300825) (hereinafter referred to as “the company”) held the 2021 annual general meeting of shareholders on May 16, 2022, deliberated and approved the proposal on the plan for profit distribution and conversion of capital reserve into share capital in 2021. Now the equity distribution is announced as follows:
1、 Consideration and approval of equity distribution plan by the general meeting of shareholders
1. The 2021 annual equity distribution plan of the company has been deliberated and approved by the 2021 annual general meeting of shareholders held on May 16, 2022. The specific distribution plan is as follows: Based on the 331754472 shares of the company’s total share capital at the end of 2021, the capital reserve will be converted into 5 shares for every 10 shares to all shareholders, with a total of 165877236 shares. After the conversion is completed, the total share capital of the company will be increased to 497631708 shares. If the total share capital of the company changes from the publication of the distribution plan to the implementation of the plan, the company will adjust accordingly according to the principle of “unchanged distribution proportion” based on the total share capital after the closing of the stock market on the equity registration date when the plan is implemented.
2. From the disclosure of the distribution plan to the implementation period, the total share capital of the company has not changed.
3. The distribution plan implemented this time is consistent with the distribution plan and its adjustment principles deliberated and approved by the company’s 2021 annual general meeting of shareholders.
4. The implementation of the distribution plan has not been more than two months since it was considered and approved by the general meeting of shareholders.
2、 Equity distribution plan implemented this time
The annual equity distribution plan of the company in 2021 is: take 331754472 shares of the company’s total existing share capital excluding 0 shares repurchased as the base, and increase 5000000 shares for every 10 shares to all shareholders with the capital reserve. Before the dividend, the total share capital of the company was 331754472 shares, and after the dividend, the total share capital increased to 497631708 shares. 3、 Equity registration date and ex dividend date
The registration date of this equity distribution is May 24, 2022, and the ex right and ex interest date is May 25, 2022.
4、 Equity distribution object
The objects of this distribution are all shareholders of the company registered in Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as “CSDCC Shenzhen Branch”) after the closing of Shenzhen Stock Exchange on the afternoon of May 24, 2022.
5、 Equity distribution method
The converted shares will be directly recorded into the shareholder’s securities account on May 25, 2022. For the part less than one share generated in the process of share conversion, one share shall be distributed to the shareholders in order of the mantissa from the largest to the smallest after the decimal point (if the mantissa is the same, it shall be distributed by the system in random order among those with the same mantissa) until the actual total number of share conversions is consistent with the total number of shares converted this time.
6、 The starting trading date of the tradable shares transferred this time is May 25, 2022.
7、 Statement of changes in shares
Before and after this change
Nature of shares number of shares proportion of capital reserve converted into shares (%) number of shares (shares)
(share) (share) (%)
1、 Restricted conditions
6192492618.67309624639288738918.67 tradable shares II. Unlimited sales terms 269829546
81.33134914773404744319 tradable shares
3、 Total share capital 331754472100165877236497631708100
Note: the final change of share capital is subject to the share capital structure registered by CSDCC Shenzhen Branch.
8、 Description of relevant data adjustment
1. After the implementation of share offering (conversion), the net income per share in 2021 is 0.4127 yuan based on the dilution of 497631708 new share capital.
2. During the period of share repurchases, the company will adjust the price range of the repurchased shares in accordance with the relevant provisions of the CSRC and Shenzhen Stock Exchange from the date of ex right and ex interest of the share price, and the upper limit of the adjusted price of the repurchased shares is 19.89 yuan / share.
3、 Some shareholders of the company promised in the prospectus for initial public offering and listing on gem: “reduce the price of the issuer’s shares held directly or indirectly (if the rights and interests are removed due to the distribution of cash dividends, shares, conversion of share capital, issuance of new shares and other reasons, they shall be adjusted accordingly in accordance with relevant regulations, the same below) It shall be determined according to the secondary market price at that time and shall meet the requirements of relevant laws and regulations and the rules of the stock exchange; If the issuer’s shares held directly or indirectly by the promisor before the issuer’s initial public offering are reduced within two years after the expiration of the lock-in period, the reduction price shall not be lower than the issuance price of the initial public offering shares. “
According to the above commitments, after the implementation of equity distribution in 2021, the company will adjust the above minimum reduction price limit accordingly.
9、 Relevant consultation methods
Consulting address: 9 / F, building 11, yard 7, Liangshuihe Second Street, Beijing Economic and Technological Development Zone, Beijing
Contact person: He Na
Tel.: 01087163976
Fax: 01067892287
10、 Documents for future reference
1. Resolutions of the 17th meeting of the 4th board of directors;
2. Resolutions of the 2021 annual general meeting of shareholders;
3. Announcement on the implementation of stock equity distribution of China Securities Depository and Clearing Co., Ltd. Shenzhen Branch;
4. Announcement on the plan for profit distribution and conversion of capital reserve into share capital in 2021.
It is hereby announced.
Iat Automobile Technology Co.Ltd(300825) board of directors may 19, 2022
