Securities code: 000546 securities abbreviation: Jinyuan Ep Co.Ltd(000546) Announcement No.: 2022-021 Jinyuan Ep Co.Ltd(000546)
Announcement on the new chairman’s plan to increase shares of the company
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions. Special tips:
Jinyuan Ep Co.Ltd(000546) (hereinafter referred to as “the company”) recently received the plan letter on increasing the shares of the company from the new chairman of the company, Mr. Xu Gang. It plans to increase the shares of the company through centralized bidding trading at Shenzhen Stock Exchange within 6 months from the date of announcement of the plan, and the amount to be increased shall not be less than 15 million yuan. The relevant information is hereby announced as follows:
1、 Basic information of the main body of the shareholding increase plan
1. Increased shareholding subject: Mr. Xu Gang, chairman of the company. As of the date of this announcement, Xu Gang did not hold the company’s shares.
2. The increase subject did not disclose the increase plan within 12 months before the first announcement of the increase plan.
3. The increase subject did not reduce the company’s shares within 6 months before the first announcement of the increase plan.
2、 Main contents of this shareholding increase plan
1. The purpose of this share increase: Based on confidence in the future development prospect of the company and reasonable judgment on the value of the company’s shares.
2. The capital source of this increase: self owned funds or self raised funds.
3. Amount of shares increased this time: the total amount of shares to be increased by the increase subject shall not be less than RMB 15 million.
4. Price range of the increased shares: no price range is set, and the increased shares plan will be implemented according to the overall change trend of the market and the fluctuation of the company’s stock trading price.
5. The way of increasing shares this time: centralized bidding transaction.
6. The implementation period of the share increase plan: the share increase will be completed within the next 6 months from the date of announcement of the plan (except for the period during which the share increase is not allowed by laws, regulations and business rules of Shenzhen Stock Exchange). During the implementation of the increase plan, if the trading of the company’s shares is suspended, the increase period can be postponed, and whether the implementation is postponed shall be disclosed in a timely manner.
7. This increase is not based on the specific identity of the increase subject. If the specific identity is lost, this increase plan will continue to be implemented.
8. The share increase plan will be implemented in accordance with the provisions of relevant laws and regulations. During the increase period and within six months after the completion of the increase plan, the increase subject will not take the initiative to reduce the company’s shares.
3、 Uncertainty risk of the implementation of the shareholding increase plan
The implementation of the share increase plan may have the risk that the share increase plan cannot be implemented due to changes in capital market conditions and other factors, and there may be the risk that the implementation of the share increase plan will be delayed or unable to be implemented due to the failure of the share increase funds to be in place in time. If the above risks occur during the implementation of the shareholding increase plan, the company will timely perform the obligation of information disclosure.
4、 Other instructions
1. This increase complies with the provisions of the company law, the securities law, the measures for the administration of the acquisition of listed companies, the rules for the administration of the shares of the company held by directors, supervisors and senior managers of listed companies and their changes, and other relevant laws, administrative regulations, departmental rules and normative documents.
2. This increase will not lead to the company’s equity distribution not meeting the listing conditions, nor will it lead to changes in the company’s controlling shareholders and actual controllers, and will not have a significant impact on the company’s governance structure.
3. The implementation of this share increase plan will strictly comply with relevant laws and regulations, as well as relevant provisions of China Securities Regulatory Commission and Shenzhen Stock Exchange on equity changes of listed companies, sensitive periods of stock trading and short-term trading, and will not transfer the shares of the company within 12 months after the completion of the share increase.
4、 Documents for future reference
Plan letter on increasing shares of the company issued by Mr. Xu Gang.
It is hereby announced.
Jinyuan Ep Co.Ltd(000546) board of directors January 22, 2022
