Securities code: 603685 securities abbreviation: Zhejiang Chenfeng Science And Technology Co.Ltd(603685) Announcement No.: 2022-003
Bond Code: 113628 bond abbreviation: CHENFENG convertible bond
Zhejiang Chenfeng Science And Technology Co.Ltd(603685)
Announcement on the progress of reducing shares through centralized bidding by shareholders holding more than 5%
The board of directors, all directors and relevant shareholders 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 of major shareholders: before the implementation of the reduction plan, Shanghai Jichen enterprise management partnership (limited partnership) (hereinafter referred to as "Jichen enterprise management") held 12675000 shares of Zhejiang Chenfeng Science And Technology Co.Ltd(603685) (hereinafter referred to as "the company"), accounting for 7.5% of the total share capital of the company.
Progress of centralized bidding reduction plan: on November 26, 2021, the company disclosed the Zhejiang
According to the announcement (Announcement No.: 2021-081) on the plan of centralized competitive reduction of shares by shareholders holding more than 5% of the shares of Zhejiang Chenfeng Science And Technology Co.Ltd(603685) Co., Ltd., Jichen enterprise management plans to reduce the total number of shares by means of centralized competitive trading, which shall not exceed 1690000 shares, that is, 1% of the total share capital of the company.
As of the disclosure date of this announcement, the number of shares reduced in this reduction plan has exceeded half. Jichen enterprise management has reduced 854010 shares of the company through centralized bidding, and the reduction plan has not been implemented yet. 1、 Basic information of the subject of centralized bidding reduction before reduction
Number of shares held
Shareholder name shareholder identity shareholding proportion current shareholding source
(shares)
More than 5% non acquired before the first IPO: 7500000 shares, 12675000 7.5% of Jichen enterprise management
Acquired by major shareholders in other ways: 5175000 shares
Note: "obtained by other means" means "obtained by converting capital reserve into share capital", which are respectively in June 2018
On January 1, 2250000 shares were obtained by converting capital reserve into share capital; On May 31, 2019, increase by capital reserve
2925000 shares of capital stock were obtained.
The above reduction subjects have no concerted action.
2、 Implementation progress of centralized bidding reduction plan
(I) major shareholders disclose the implementation progress of the centralized bidding reduction plan for the following reasons:
More than half of the reduction in centralized bidding transactions
Reduction price current number of shareholders reduction total amount of reduction current number of shares
Reduction period interval (yuan) / shareholding name quantity (share) proportion method (yuan) quantity (share)
Share ratio
focus
Jichen 2021 / 12 / 17 12.54-12
854010 0.51% bidding 10847222.94 11820990 6.99% enterprise management ~ 2022 / 1 / 14.83
transaction
(II) whether the reduction is consistent with the plans and commitments previously disclosed by major shareholders
√ yes □ no
(III) during the reduction period, whether the listed company discloses major events such as high transfer or planning merger and reorganization
□ yes √ no
(IV) impact of this reduction on the company
Jichen enterprise management is not the controlling shareholder or actual controller of the company. This reduction is the normal reduction of shareholders
To ensure that the implementation of the plan will not lead to changes in the control of the listed company and will not affect the corporate governance structure and equity
Significant impact on structure and going concern.
(V) other matters required by the exchange
The company will continue to pay attention to the follow-up implementation of the share reduction plan of Jichen enterprise management and fulfill the information requirements as required
Disclosure obligations.
3、 Risk tips related to the reduction plan of centralized bidding (I) uncertainty risk of the implementation of the reduction plan
The reduction plan is independently decided by Jichen enterprise management. During the reduction period, Jichen enterprise management will choose whether to implement the reduction plan in whole or in part according to market conditions, the company's stock price and other factors, and the quantity and price of reduction are uncertain. (II) whether the implementation of the share reduction plan will lead to the risk of change in the control of the listed company □ yes √ no (III) other risks
This share reduction plan complies with the securities law of the people's Republic of China, several provisions on share reduction by shareholders, directors, supervisors and senior executives of listed companies, detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies on Shanghai Stock Exchange, stock listing rules of Shanghai Stock Exchange and other relevant laws and regulations, as well as the requirements of corresponding commitments.
It is hereby announced.
Zhejiang Chenfeng Science And Technology Co.Ltd(603685) board of directors January 17, 2022
