Securities code: 601020 securities abbreviation: St Huayu Announcement No.: Lin 2022-005 convertible bond Code: 113027 convertible bond abbreviation: Huayu convertible bond
Tibet Huayu Mining Co.Ltd(601020)
Announcement on the progress of shareholders’ share reduction
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 controlling shareholders: as of the disclosure date of this announcement, Tibet Huayu Mining Co.Ltd(601020) (hereinafter referred to as “the company” or “the company”) controlling shareholder Tibet Daoheng Investment Co., Ltd. (hereinafter referred to as “Daoheng investment”) holds 91482629 shares of the company’s non tradable shares, accounting for 16.4734% of the company’s total share capital.
Main contents of the reduction plan: the dispute between Daoheng investment and Haitong Securities Company Limited(600837) (hereinafter referred to as “Haitong self operation”) over pledged repurchase of shares. According to the reduction rules, Haitong self operation shall reduce the shares not exceeding 1% of the total share capital of the company through centralized bidding through Shanghai Stock exchange within 6 months after 15 trading days from the date of disclosure of the reduction plan, i.e. not exceeding 5544918 shares. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) published by the company on September 18, 2021 And the announcement on the passive reduction plan of some shares of the company held by Tibet Huayu Mining Co.Ltd(601020) controlling shareholders published in the newspapers and media designated by the company (Announcement No.: Lin 2021-088).
Implementation of the share reduction plan: Haitong’s self operation enters the implementation period of the share reduction plan after 15 trading days from September 18, 2021 (the date of announcement of the share reduction plan) (i.e. October 20, 2021), and the planned share reduction time is more than half by January 17, 2022. During the period when the reduction plan can be implemented, Haitong did not reduce its holdings of unlimited tradable shares of the company.
On January 17, 2022, the company received the notification letter on the results of the passive reduction plan of Huayu mining shares held by our company issued by Dao Heng Investment, according to the notice on the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies issued by the CSRC
Several provisions on the reduction of shareholders, directors, supervisors and senior managers of listed companies of Shanghai Stock Exchange
According to the relevant provisions of the detailed rules for the implementation of share holdings, the implementation progress of the share reduction plan is hereby announced as follows:
1、 Basic information of the reducing entity before the reduction
Number of shares held
Shareholder name shareholder identity shareholding proportion current shareholding source
(shares)
Duff & Phelps invested more than 5% of the largest shares 91482629 16.4734% obtained before IPO: 91280629 shares
Acquisition of 202000 shares through bidding transaction of Eastern Centralized Trading Co., Ltd
Note: the shareholding data in the above table is consistent with some shares of the company held by Tibet Huayu Mining Co.Ltd(601020) controlling shareholders
The difference in shareholding data in the announcement of passive reduction plan (Announcement No.: Lin 2021-088) is caused by
The company publicly auctions the company’s unlimited sales conditions held by Dao Heng Investment on the Taobao judicial auction network platform
For details, see the relevant announcement disclosed by the company on November 13.
The above reduction subjects have no concerted action.
2、 Implementation progress of share reduction plan
(I) shareholders disclose the implementation progress of the reduction plan for the following reasons:
The reduction time is more than half
Reduction price
Number of shareholders’ holdings reduction ratio of holdings reduction during the reduction period total amount of holdings reduction in the square interval (yuan) current number of shares held current holding name (share) example formula (yuan / quantity (share) proportion share)
Daoheng 2021 / 10 / 20
Centralized bidding 0.00
Investment 0.0000% ~ 0 91482629 16.4734% transaction price -0.00
2022/1/17
Note: the shareholding ratio in this paper refers to the proportion of shareholding quantity in the current total share capital of the company. Due to the company’s “Huayu convertible bonds” Department
During the share conversion period, the total share capital continued to change. As of January 14, 2022, the total share capital of the company was 55533979
Shares.
(II) whether the reduction is consistent with the plans and commitments previously disclosed by the major shareholders or the directors, supervisors and senior executives
√ yes □ no
(III) whether the listed company has disclosed major issues such as high transfer or planning merger and reorganization within the reduction time interval □ yes √ no (IV) the impact of this reduction on the company
Haitong proprietary is not the controlling shareholder or actual controller of the company. This reduction plan is a normal reduction of shareholders’ holdings. The implementation of the plan will not lead to changes in the control of the listed company and will not have a significant impact on the corporate governance structure, equity structure and sustainable operation. (V) other matters required by the exchange
During the implementation of Haitong’s self operated reduction plan, the company will urge Haitong to comply with relevant laws and regulations during the implementation of the reduction plan, and timely fulfill its obligation of information disclosure. 3、 Relevant risk tips (I) during the implementation of the share reduction plan, Haitong proprietary will decide whether to continue to implement the share reduction plan and the specific time for the implementation of the share reduction plan according to the market conditions, capital demand and other conditions. (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 is hereby announced.
Tibet Huayu Mining Co.Ltd(601020) board of directors January 18, 2022
