Securities code: 603758 securities abbreviation: Chongqing Qin'An M&E Plc(603758) Announcement No.: 2022-003 Chongqing Qin'An M&E Plc(603758)
Announcement on share repurchase results and share changes
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.
Chongqing Qin'An M&E Plc(603758) (hereinafter referred to as "the company") held the 10th meeting of the Fourth Board of directors on July 1, 2021, and the first extraordinary general meeting of shareholders in 2021 on July 19, 2021, deliberated and adopted the proposal on repurchase of shares of the company, and agreed that the company would use its own funds to repurchase shares of the company in the form of centralized bidding transaction. The total number of shares repurchased by the company this time shall not be more than 9 million shares (inclusive) and not less than 4.5 million shares (inclusive); The price of repurchased shares shall not exceed 8.80 yuan / share; The repurchase period is within 6 months from the date when the share repurchase plan is considered and approved by the first extraordinary general meeting of shareholders in 2021. For details, please refer to the announcement on repurchase of shares by means of centralized bidding transaction (Announcement No.: 2021-056) announced by the company on July 2, 2021.
As of January 19, 2022, the share repurchase period has expired and the share repurchase has been completed. The relevant matters are hereby announced as follows:
1、 Implementation of repurchase
On September 22, 2021, the Company repurchased the company's shares for the first time by means of centralized bidding transaction, and disclosed the announcement on initial repurchase of company shares (Announcement No.: 2021-079) on September 23, 2021.
As of January 19, 2022, the company has repurchased 5501800 shares by means of centralized bidding transaction, accounting for 1.25% of the total share capital of the company. The highest purchase price is 8.79 yuan / share, the lowest price is 7.36 yuan / share, and the total amount paid is 45.0467 million yuan. So far, the company's share repurchase plan has been implemented.
In the process of share repurchase, the Company repurchased shares in strict accordance with the provisions of relevant laws and regulations, in line with the guidelines for self discipline supervision of listed companies on Shanghai Stock Exchange No. 7 - share repurchase and the contents of the repurchase plan deliberated and approved by the general meeting of shareholders of the company. There is no difference between the actual implementation of the repurchase plan and the originally disclosed repurchase plan, and the company has completed the repurchase according to the disclosed plan.
2、 Shares bought and sold by relevant entities during the repurchase period
From the date of the company's first disclosure of share repurchase to January 19, 2022, none of the company's directors, supervisors, senior managers, controlling shareholders, persons acting in concert and actual controllers bought or sold the company's shares. 3、 Changes in equity structure of the company
Before and after this repurchase
Class of shares
Number of shares (share) proportion number of shares (share) proportion
Restricted tradable shares ----
Non tradable shares 438797049 100%
Including: the Company repurchased 18798474 4.28% 24300274 5.54%
Dedicated user
Total 438797049 100%
4、 Disposal arrangements for repurchased shares
The shares repurchased by the company this time are deposited in the company's special securities account for repurchase, and all of them will be used for employee stock ownership plan or equity incentive plan. The company will transfer all the repurchased shares within 36 months after issuing the share repurchase results and share change announcement, and the non transferred part will be cancelled according to law.
5、 Impact of the implementation of this repurchase plan on the company
The share repurchase will not have a significant impact on the company's daily operation, financial status and future development, will not lead to changes in the company's total share capital, will not affect the company's status as a listed company, and the company's equity distribution still meets the listing conditions.
It is hereby announced!
Chongqing Qin'An M&E Plc(603758) board of directors January 20, 2022
