Securities code: 002701 securities abbreviation: Org Technology Co.Ltd(002701) (Aorui) 2022-lin 005
Announcement on the resolution of the first meeting of the Fourth Board of supervisors in 2022
Org Technology Co.Ltd(002701) (” Org Technology Co.Ltd(002701) ” or “the company”, “the company”) and all supervisors guarantee that the contents of this announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Meetings of the board of supervisors
Org Technology Co.Ltd(002701) the notice of the first meeting of the Fourth Board of supervisors in 2022 was sent by e-mail on January 19, 2022 and held by communication on January 24, 2022. Three supervisors should attend the meeting and three actually attended the meeting. The meeting is presided over by Mr. Wu Wencheng, chairman of the board of supervisors of the company. The notice, convening and the number of supervisors participating in the meeting are in line with the company law of the people’s Republic of China and other relevant laws and regulations and the provisions of the Org Technology Co.Ltd(002701) articles of association.
2、 Deliberation at the meeting of the board of supervisors
After deliberation by all supervisors, the following proposals were adopted:
(I) deliberated and passed the proposal on early redemption of “orry convertible bonds”.
After verification, according to the provisions of the prospectus for the public offering of convertible corporate bonds (hereinafter referred to as the “prospectus”), during the conversion period of convertible corporate bonds issued this time, if the closing price of the company’s A-share shares for at least 15 consecutive trading days is not less than 130% (including 130%) of the current conversion price, The board of directors of the company has the right to decide to redeem all or part of the convertible corporate bonds that have not been converted into shares at the price of the face value of the bonds plus the accrued interest of the current period.
Since the closing price of the company’s shares for 15 consecutive trading days from January 4, 2022 to January 24, 2022 is not lower than 130% (including 130%) of the current share conversion price of “Aorui convertible bonds”, the conditional redemption terms agreed in the Prospectus have been triggered. The board of supervisors believes that the company’s early redemption of the issued convertible corporate bonds “Aorui convertible bonds” complies with the relevant laws and regulations such as the measures for the administration of securities issuance of listed companies, the measures for the administration of convertible corporate bonds, the stock listing rules of Shenzhen Stock Exchange and the relevant Provisions on conditional redemption in the prospectus. At the same time, the company’s early redemption of “Aorui convertible bonds” is conducive to optimizing the company’s capital structure, without damaging the interests of the company and shareholders. Therefore, the company is agreed to exercise the early redemption right of “orri convertible bonds” and redeem all convertible corporate bonds that have not been converted into shares at the price of bond face value plus accrued interest in the current period.
Securities code: 002701 securities abbreviation: Org Technology Co.Ltd(002701) (Aorui) 2022-lin 005
Voting results: 3 affirmative votes, 0 negative votes and 0 abstention votes.
The announcement on redemption of “Aorui convertible bonds” was published in China Securities Journal, securities times, Shanghai Securities News, securities daily and cninfo on the same day as this resolution（ http://www.cn.info.com.cn. ）Announcement.
3、 Documents for future reference
(I) Org Technology Co.Ltd(002701) resolution of the first meeting of the Fourth Board of supervisors in 2022.
It is hereby announced.
Org Technology Co.Ltd(002701) board of supervisors
January 25, 2022
