Announcement of Xiangyang Changyuan Donggu Industrial Co., Ltd. regarding the plan for some directors, supervisors, and senior management to increase their holdings of the company's shares.
Release time:
2021-03-09
Securities Code: 603950 Securities Abbreviation: Changyuan Donggu Announcement No.: 2021-002
Xiangyang Changyuan Donggu Industrial Co., Ltd.
Regarding Some Directors, Supervisors, and Senior Management Personnel of the Company
Announcement on the Plan to Increase Holdings of Company Shares
The board of directors and all directors of this company guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and assume individual and joint and several liability for the authenticity, accuracy, and completeness of its content.
Important Content Reminder:
- Xiangyang Changyuan Donggu Industrial Co., Ltd. (hereinafter referred to as the "Company") plans to increase its holdings of company shares within 12 months from the date of disclosure of this announcement through methods permitted by the Shanghai Stock Exchange (including, but not limited to, concentrated bidding and bulk transactions, etc.). The total amount of shares to be increased is not less than 10 million yuan.
- The price of the shares to be increased is not higher than 40.00 yuan.
- Source of funds for this increase plan: personal legal and self-owned funds.
- The implementation of this increase plan may involve risks such as changes in the securities market situation or the failure of the increase funds to arrive in time, leading to delays or failure to implement the increase plan.
The relevant content is announced as follows:
I. Basic Information of the Increase Holders
(1) Increase Holders: Mr. Feng Shengzhong and Mr. Chen Xizhou, directors and deputy general managers; Mr. Li Shuangqing, supervisor; Mr. Huang Cheng, deputy general manager; Ms. Wang Hongyun, chief financial officer; and Mr. Liu Wangcheng, secretary of the board of directors. None of the above-mentioned increase holders disclosed an increase plan in the twelve months prior to this announcement.
(2) Current Shareholding Situation: Mr. Feng Shengzhong holds 466,960 shares of the company, with a holding ratio of 0.2017%; Mr. Chen Xizhou holds 60,000 shares of the company, with a holding ratio of 0.0259%; Mr. Huang Cheng holds 70,000 shares of the company, with a holding ratio of 0.0302%; Mr. Liu Wangcheng holds 1,000 shares of the company; and other personnel do not directly hold shares of the company.
II. Main Content of the Increase Plan
(1) The main purpose of this increase in shares is based on confidence in the company's sustained and healthy development and recognition of the company's long-term value investment.
(2) The type of shares to be increased is the company's unrestricted circulating A-shares.
(3) The planned cumulative increase in shares for this increase plan is not less than RMB 10 million.
(4) Price of shares to be increased: The planned price for this increase is not higher than 40.00 yuan.
(5) Implementation period of this share increase plan: From January 18, 2021 to January 17, 2022 (the implementation period is more than 6 months based on the cautious consideration of the directors, supervisors, and senior management's personal capital turnover). During the implementation period of the increase plan, if the company's stock is suspended for more than 10 trading days due to the planning of major events, the increase plan will be implemented after the company's stock resumes trading and will be disclosed in a timely manner.
(6) Funding arrangement for this increase in shares: Personal legal and self-owned funds.
(7) Method of increasing shares: Increase the company's shares through the Shanghai Stock Exchange trading system.
III. Uncertain Risks of the Increase Plan
The implementation of this increase plan may involve risks such as changes in the securities market situation or the failure of the increase funds to arrive in time, leading to delays or failure to implement the increase plan.
IV. Commitment of Increase Holders
The directors, supervisors, and senior management personnel participating in this increase plan promise that the increase in company shares will strictly abide by relevant regulations and will not reduce the company's shares held during the implementation period of the increase plan and within the statutory time limit.
V. Other Explanations
This increase will not cause changes in the company's controlling shareholder and actual controller. The company will continue to pay attention to the relevant situation of the company's directors, supervisors, and senior management personnel increasing their holdings of the company's shares, and will timely fulfill its information disclosure obligations in accordance with the relevant regulations of the Shanghai Stock Exchange's "Stock Listing Rules" and the temporary announcement format guidelines "No. 99 Announcement on the Plan/Progress/Results of Share Increase by Shareholders and Directors, Supervisors, and Senior Management of Listed Companies".
This is hereby announced.
Xiangyang Changyuan Donggu Industrial Co., Ltd.
Board of Directors
2021 January 19
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