Securities code: 000961 securities abbreviation: Jiangsu Zhongnan Construction Group Co.Ltd(000961) Announcement No.: 2022-008 Jiangsu Zhongnan Construction Group Co.Ltd(000961)
Results and suggestions on the implementation of the controlling shareholder’s share increase plan in 2021
Announcement of application for extension of the implementation period of the plan
Zhongnan Urban Construction Investment Co., Ltd. guarantees 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 information disclosure obligor.
Important:
1. The controlling shareholder of Jiangsu Zhongnan Construction Group Co.Ltd(000961) (hereinafter referred to as “the company”) Zhongnan Urban Construction Investment Co., Ltd. (hereinafter referred to as “Zhongnan urban investment”) voluntarily promises that from January 13, 2021 to January 12, 2022, within 2% of the company’s total shares of 3821704794 shares as of January 12, 2021, Increase the shares of the company through public means such as centralized bidding of Shenzhen Stock Exchange. For details, please refer to China Securities Journal, securities times, Shanghai Securities News, securities daily and cninfo.com published on January 13, 2021（ http://www.cn.info.com.cn./ ）Announcement on the controlling shareholder’s plan to increase the company’s shares in 2021 (Announcement No.: 2021-009).
2. Implementation results of the share increase plan in 2021: as of January 12, 2022, Zhongnan urban investment has accumulated 14239327 shares of the company through centralized bidding at Shenzhen Stock Exchange, accounting for 0.37% of the total shares of the company as of January 12, 2021, with a cumulative increase of 63.2227 million yuan.
In order to seek the understanding of the company and investors, Zhongnan urban investment hopes to submit the plan to extend the implementation deadline of the shareholding increase plan to January 12, 2023 to the general meeting of shareholders of the company for deliberation.
The company recently received a notice from Zhongnan urban investment that it has increased its holdings of 14239327 shares in the company through public means since January 13, 2021, and failed to complete its plan to increase its holdings of shares in the company in 2021. For this, it expresses its deep apology to the company and investors!
Meanwhile, Zhongnan Chengtou sent a letter hoping that the company would hold a general meeting of shareholders to review the proposal on extending the implementation period of the controlling shareholder’s shareholding increase plan. The 8th board of directors of the company has deliberated and agreed to submit the relevant proposals of Zhongnan urban investment to the general meeting of shareholders for deliberation. For details, please refer to the website and cninfo.com of China Securities Journal, securities times, Shanghai Securities News, securities daily and Shenzhen Stock Exchange on January 21, 2022（ http://www.cn.info.com.cn./ ）The announcement on the resolution of the 23rd Meeting of the 8th board of directors, the announcement on receiving the proposal of the general meeting of shareholders to extend the implementation period of the shareholding increase plan from the controlling shareholders and the notice of the first extraordinary general meeting in 2022.
The implementation results of the 2021 shareholding increase plan and the application for extension of the implementation period of the plan are hereby announced as follows:
1、 Basic information of the increased holding subject
1. Main body of increase: Zhongnan Urban Investment Co., Ltd.
2. Before the increase, China Southern urban investment held 2056822360 shares of the company, accounting for 53.82% of the total shares of the company on January 12, 2021 and 3826558901 shares of the company on January 12, 2022
3. Zhongnan urban investment did not reduce its shares in the company six months before the announcement of the shareholding increase plan.
2、 Main contents of 2021 shareholding increase plan
1. Purpose of shareholding increase: maintain capital based on confidence in the sustainable development of the company and recognition of the company’s value
The market is stable.
2. Number of additional shares: within 2% of the company’s total shares of 3821704794 on January 12, 2021,
That is, not less than 38217047 shares and not more than 76434096 shares.
3. Implementation period of shareholding increase: the trading day from January 13, 2021 to January 12, 2022.
4. Way of increasing Holdings: through public means such as centralized bidding of Shenzhen Stock Exchange.
5. Source of increased holdings: self owned funds or self raised funds.
6. This increase is not based on the specific identity of the increase subject.
7. Lock up of additional shares: the additional shares are subject to the relevant conditions that they cannot be sold within six months after purchase
Requirements of laws and regulations on the lock up period of shares.
3、 Implementation results of shareholding increase plan
From January 13, 2021 to January 12, 2022, Zhongnan urban investment passed the Shenzhen Stock Exchange
By means of centralized bidding, the company has accumulated 14239327 shares, accounting for the total shares of the company on January 12, 2021
0.37% of the share, as follows:
Cumulative increase before and after increase
Proportion of increased shares in 2021 proportion in 2021 proportion in 2021 proportion in current shares number of increased shares on January 12 amount of increased shares on January 12 total shares of the company (shares) total shares of the company (shares) (RMB 10000) total shares of the company (shares) Proportion of total shares of the company proportion of shares
Zhongnan urban investment 2056822360 53.82% 14239327 6322.27 0.37% 2071061687 54.19% 54.12%
Zhongnan urban investment and 2071236357 54.20% 14239327 6322.27 0.37% 2085475684 54.57% 54.50% people acting in concert
4、 Reasons for the failure of the shareholding increase plan to reach the minimum shareholding increase proportion and the application for extension of the implementation period of the plan
Affected by policy regulation, market adjustment, epidemic situation and its own specific situation, Zhongnan urban investment failed to be completed in 2021
We apologize for reaching the minimum shareholding increase proportion within the term of the annual shareholding increase plan.
In order to get the understanding of the company and shareholders, Zhongnan urban investment plans to apply to the general meeting of shareholders for extension of 2021
The deadline for the implementation of the annual shareholding increase plan is January 12, 2023. The 8th board of directors of the company has reviewed and agreed
Submit its application to the general meeting of shareholders for deliberation.
5、 Other relevant instructions
This increase will not cause the company’s equity distribution to fail to meet the listing conditions, and will not lead to the change of the company’s control
Change.
6、 Documents for future reference
1. Notice on the implementation of Zhongnan urban investment’s share increase plan in 2021;
2. Letter of Zhongnan Urban Investment Co., Ltd. on proposing to convene an extraordinary general meeting of shareholders. It is hereby announced.
Jiangsu Zhongnan Construction Group Co.Ltd(000961) board of directors
January 21, 2002
