Securities code: 002947 securities abbreviation: Suzhou Hengmingda Electronic Technology Co.Ltd(002947) Announcement No.: 2022-016 Suzhou Hengmingda Electronic Technology Co.Ltd(002947)
Announcement on initial repurchase of shares of the company
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Suzhou Hengmingda Electronic Technology Co.Ltd(002947) (hereinafter referred to as “the company”) deliberated and adopted the proposal on share repurchase scheme of the company at the 22nd Meeting of the second board of directors held on January 20, 2022. It is proposed to use its own funds to repurchase the company’s shares at a price of no more than 55.08 yuan / share. The total capital of the company’s share repurchase is expected to be no less than 15 million yuan, No more than RMB 30 million, and the implementation period of this share repurchase is no more than 12 months from the date when the share repurchase plan is considered and approved by the board of directors. For details, please refer to the company’s announcement on cninfo.com on January 21, 2022（ http://www.cn.info.com.cn. ）Announcement on share repurchase scheme of the company (2022-005) and report on share repurchase (2022-006) disclosed.
According to the relevant provisions of the guidelines on self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 – share repurchase (hereinafter referred to as the “guidelines on share repurchase”), the company shall disclose the fact of the first share repurchase on the next day. The company’s initial share repurchase is hereby announced as follows:
1、 Details of the first repurchase of the company’s shares
On January 21, 2022, the Company repurchased 5600 shares of the company through centralized bidding through the special securities account for repurchasing shares for the first time, accounting for 0.0032% of the company’s current total share capital. The maximum transaction price was 31.40 yuan / share, the minimum transaction price was 31.38 yuan / share, and the total amount paid was 175828.00 yuan (excluding transaction costs).
The capital source of this share repurchase is the company’s own funds, and the repurchase price does not exceed the upper limit proposed in the repurchase plan. This repurchase meets the requirements of relevant laws and regulations and the established share repurchase plan.
2、 Other instructions
The time, quantity and price of the company’s first share repurchase and the entrusted period of centralized bidding transaction comply with the provisions of the company’s share repurchase plan and Articles 17, 18 and 19 of the repurchase guidelines. The details are as follows:
（1） The company did not repurchase shares during the following periods:
1. If the announcement date is delayed due to special reasons within 10 trading days before the announcement of the company’s annual report and semi annual report, it shall be calculated from 10 trading days before the original scheduled announcement date;
2. Within ten trading days before the announcement of the company’s quarterly report, performance forecast and performance express;
3. From the date of occurrence of major events that may have a significant impact on the stock trading price of the company or in the decision-making process to the date of disclosure according to law;
4. Other circumstances prescribed by the CSRC.
（2） The cumulative trading volume of the company’s shares in the five trading days before the date of the first share repurchase (January 21, 2022) (i.e. January 14, 2022 to January 20, 2022) was 8615820 shares. The number of shares repurchased for the first time by the company on January 21, 2022 was 5600 shares, which did not exceed 25% (i.e. 2153955 shares) of the cumulative trading volume of the company’s shares in the five trading days before the date of the first share repurchase.
（3） The company has not entrusted to buy back shares at the following trading hours:
1. Opening call auction;
2. Within half an hour before closing;
3. There is no limit on the rise and fall of the stock price.
The price of the company’s shares repurchased this time is lower than the price limited by the trading increase of the company’s shares on the same day.
The company will continue to implement the repurchase plan during the repurchase period according to the market conditions, and perform the obligation of information disclosure according to the provisions of relevant laws, regulations and normative documents. Please pay attention to the investment risks.
It is hereby announced.
Suzhou Hengmingda Electronic Technology Co.Ltd(002947) board of directors
January 21, 2022
