The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, and that there are no false records, misleading statements or major omissions.
Special Note:
Stock Code: 002714 Stock Abbreviation: Muyuan Shares
Bond code: 127045 Bond abbreviation: Muyuan Convertible Bond
Conversion price: RMB 47.71 per share (effective March 25, 2022)
Share conversion time: February 21, 2022 to August 15, 2027 (if it is a holiday, it will be postponed later)
In accordance with the “Shenzhen Stock Exchange Listing Rules” and other relevant regulations, Muyuan Food Co., Ltd. (hereinafter referred to as “Muyuan Shares” or the “Company”) is now converting the “Muyuan Convertible Bonds” into shares and the changes in the company’s shares in the first quarter of 2022 The announcement is as follows:
I. Issuance and listing of convertible corporate bonds
Approved by the China Securities Regulatory Commission “On Approval of Muyuan Food Co., Ltd.’s Public Issuance of Convertible Corporate Bonds” (licensed by the China Securities Regulatory Commission)[2021]442), the company was approved to publicly issue 95.5 million convertible corporate bonds (hereinafter referred to as “convertible bonds”), each with a face value of 100 yuan, with a total issuance of 9.55 billion yuan and a term of 6 years. With the approval of Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock Exchange”), the company’s 9.55 billion yuan convertible bonds will be listed on the Shenzhen Stock Exchange from September 10, 2021. The bond is abbreviated as “Muyuan Convertible Bond” and the bond code is “127045”.
According to the relevant regulations and the “Prospectus for the Public Issuance of Convertible Corporate Bonds by Muyuan Foods Co., Ltd.”, the convertible bond-to-equity conversion period of the company’s issuance of the convertible bonds will start on the date of the end of the issuance of the convertible bonds (August 20, 2021). , T+4 days) from the first trading day after 6 months (February 21, 2022) to the maturity date of the convertible bonds (August 15, 2027, if it falls on a holiday, it will be postponed) .
2. Adjustment of the conversion price of convertible corporate bonds
The initial conversion price of the convertible corporate bonds issued this time is 47.91 yuan per share, which is not lower than the average trading price of the company’s stock in the 20 trading days before the announcement of the prospectus (if any ex-rights or ex-dividend occurred within the 20 trading days) In the event of a stock price adjustment, the average transaction price on the trading day before the adjustment shall be calculated on the basis of the price after the corresponding ex-rights and ex-dividend adjustments) and the average transaction price of the company’s stock on the previous trading day.
On March 14, 2022, the company granted 59,685,191 restricted shares to 5,577 incentive objects. The source of the shares was the company’s targeted issuance of RMB A shares to the incentive objects. The company’s total share capital was changed from 5,262,387,699 shares to 5,322,072,890 shares. According to the issuance terms of the company’s prospectus and the relevant regulations of the China Securities Regulatory Commission on the issuance of convertible bonds, the conversion price of “Muyuan Convertible Bonds” is adjusted to 47.71 yuan per share, and the adjusted conversion price will be effective from March 25, 2022. effective. For details, please refer to the “Announcement of Muyuan Foods Co., Ltd. on Adjusting the Conversion Price of Convertible Bonds in the Grant of Restricted Stocks” (Announcement No.: 2022-053) disclosed by the company on March 24, 2022.
3. Conversion of convertible corporate bonds and changes in share capital
In the first quarter of 2022, the number of “Muyuan Convertible Bonds” decreased by 16,762 due to share conversion (the amount was RMB 1,676,200), and the number of shares converted was 34,681. As of March 31, 2022, the remaining number of convertible bonds was 95,483,238 (the remaining amount was RMB 9,548,323,800).
The changes in the company’s shares are as follows:
ā
Note: On March 25, 2022, the company’s 2022 restricted stock incentive plan granted some 59,685,191 shares for the first time to complete the listing.
4. Documents for reference
1. As of March 31, 2022, the share capital structure table of “Muyuan Shares” issued by China Securities Depository and Clearing Corporation Limited Shenzhen Branch;
2. As of March 31, 2022, the share capital structure table of “Muyuan Convertible Bonds” issued by China Securities Depository and Clearing Corporation Limited Shenzhen Branch.
Special announcement.
muyuan food co., ltd.
Board of Directors
April 2, 2022Return to Sohu, see more
Editor:
Statement: The opinions of this article only represent the author himself, Sohu is an information publishing platform, and Sohu only provides information storage space services.