Securities code: 002882 securities abbreviation: Jinlongyu Group Co.Ltd(002882) Announcement No.: 2022-002
Jinlongyu Group Co.Ltd(002882)
Suggestive announcement on the progress of passive reduction of shareholders’ stock pledge default and possible continued default disposal
The relatives of shareholder Zheng Huijie guarantee that the information provided to the company is true, accurate and complete without false records, misleading statements or major omissions.
The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the relatives of the information disclosure obligor.
Jinlongyu Group Co.Ltd(002882) (hereinafter referred to as “the company”, “the company” or ” Jinlongyu Group Co.Ltd(002882) “) recently received the letter of Haitong Securities Company Limited(600837) (hereinafter referred to as ” Haitong Securities Company Limited(600837) “) stock pledge default disposal notice transferred by the relatives of Zheng Huijie, a shareholder holding more than 5%, and Haitong Securities Company Limited(600837) has reduced the holdings of some of Zheng Huijie’s pledged shares through centralized bidding in the secondary market. The details are as follows:
1、 Breach of pledge by shareholders
On December 10, 2019, the shareholder, Mr. Zheng Huijie, held 36 million shares of the company, accounting for
At present, 8.32% of the total share capital will buy back 25.16 million shares of the company through stock pledge repurchase business
The bill is pledged to Haitong Securities Company Limited(600837) , and the pledge expiration date is December 9, 2020, and will be handled on December 9, 2020
After handling the above procedures for the extension of Pledged Shares, the maturity date of the extended pledge is December 9, 2021, and the shares are pledged
The financing principal is 75.428 million yuan.
Zheng Huijie’s shareholders never defaulted during the stock pledge financing. Before the expiration of the stock pledge financing, Mr. Zheng Huijie’s civil capacity was uncertain due to illness, so the expired stock pledge
Default in financing. Enter the default disposal process on December 10, 2021, according to Haitong Securities Company Limited(600837) about
The letter notifying the information disclosure of default disposal shows that Haitong Securities Company Limited(600837) plans to adopt centralized bidding or block trading
Disposal of pledged securities. The company disclosed Jinlongyu Group Co.Ltd(002882) on December 14, 2021
Announcement on pre disclosure of shareholders’ share pledge default and passive reduction plan (Announcement No.: 2021-064).
2、 Default and passive reduction of stock pledge
1. Passive reduction of shares due to breach of pledge of shareholders’ shares
Name of shareholder reduction method average price of reduction during reduction reduction number of shares reduction proportion
(yuan) (10000 shares) (%)
January 2022
Zheng Huijie centralized bidding delivery month 5 10.68 432.69 0.9995
Yi – January 2022
The shares of the company held by Mr. Zheng Huijie are the shares issued before the initial listing of the company. The passive reduction has never been carried out before this passive reduction. The amount of passive reduction is 46192368 yuan. After deducting relevant taxes (including stamp duty, handling fee, personal income tax, etc.), Mr. Zheng Huijie’s Haitong Securities Company Limited(600837) pledge financing funds will be repaid.
Since Mr. Zheng Huijie and the persons acting in concert, Zheng Youshui, Wu Yuhua, Zheng Fenglan and Zheng Meiyin disclosed the simplified equity change report on November 26, 2021, they have reduced their holdings of 4326900 shares, accounting for 0.9995% of the total share capital of the company.
2. Shareholding of shareholders before and after this reduction
3、 Prompt of possible continued default disposal
Shares held before the reduction name of shareholders holding shares after the reduction number of shares (10000 shares) in total share capital (10000 shares in total share capital (%)
Total shares held 3600 8.3160 3167.31 7.3165
Zheng Huijie, including: shares with unlimited sales conditions 3600 8.3160 3167.31 7.3165
Shares with limited sales conditions 0
As of January 14, 2022, Zheng Huijie still had 20.8331 million shares (accounting for 4.81% of the company’s total share capital and 65.78% of the company’s shares currently held by him) pledged to Haitong Securities Company Limited(600837) . Since the amount recovered from the passive reduction of shares has not covered the debt owed to Haitong Securities Company Limited(600837) , Haitong Securities Company Limited(600837) may continue to default on the Pledged Shares.
4、 Other relevant instructions
1. This reduction is the reduction of shares pledged by the pledgee Haitong Securities Company Limited(600837) for breach of contract, which does not belong to Mr. Zheng Huijie’s active reduction.
In accordance with the company law, the securities law, several provisions on the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies, and the detailed rules for the implementation of the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange, if Mr. Zheng Huijie passively reduces his shares and adopts the method of centralized competitive trading, within any continuous 90 natural days, The total number of shares reduced shall not exceed 1% of the total number of shares of the company; In case of reduction by block trading, the total number of shares reduced shall not exceed 2% of the total number of shares of the company within any continuous 90 natural days.
2. On December 14, 2021, the company disclosed the pre disclosure announcement of Jinlongyu Group Co.Ltd(002882) on shareholders’ share pledge default and passive reduction plan (Announcement No.: 2021-064). As of the date of disclosure of this announcement, there was no difference between this reduction and the pre disclosure.
3、 The shareholder Mr. Zheng Huijie promised in the IPO prospectus and listing announcement: “The shares of the company held by me shall not be transferred within one year from the date of establishment of the company; within 36 months from the date of listing of the company’s shares, I shall not transfer or entrust others to manage the shares issued before the public issuance of the company’s shares directly or indirectly held by me, nor shall the company repurchase the shares issued before the public issuance of the company’s shares directly or indirectly held by me; If the company’s shares are reduced within two years after the expiration of the lock-in period, the reduction price shall not be lower than the issuance price, and the shares reduced each year shall not exceed 3.00% of the total shares of the company. “, This reduction has complied with relevant commitments.
4. The company learned from Mr. Zheng Huijie’s family that the case of Mr. Zheng Huijie’s declaration of citizen’s restriction of civil capacity and appointment of guardian is still under trial. After the legal procedure of designated guardian is completed, the designated guardian will exercise his rights on behalf of the ward (Zheng Huijie), actively negotiate with Haitong Securities Company Limited(600837) and properly deal with the overdue matters of pledge financing.
5、 Documents for future reference
1. Haitong Securities Company Limited(600837) notice on disposal of breach of stock pledge.
Jinlongyu Group Co.Ltd(002882) board of directors
January 15, 2022
