Stock Abbreviation: Chengde Lulu Stock Code: 000848 Announcement Number: 2022-032
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.
Chengde Lulu Co., Ltd. (hereinafter referred to as the “Company”) held the eighth meeting of the eighth board of directors and the 2021 annual general meeting on April 8, 2022 and May 6, 2022, respectively. The Proposal on the Public Share Plan”, agreeing to use the company’s own funds to repurchase some of the company’s A shares of the company’s ordinary shares in RMB at a price not exceeding RMB 13.30 per share (inclusive) in a centralized bidding transaction, with the total repurchase funds Not less than RMB 200,000,000 (inclusive) and not more than RMB 400,000,000 (inclusive). The specific number of shares repurchased is subject to the actual number of shares repurchased when the repurchase period expires. The period for the share repurchase is within 12 months from the date when the company’s 2021 annual general meeting considers and approves the share repurchase plan.
For details of the above content, please refer to the company’s disclosure on April 12, 2022 and May 7, 2022 in “China Securities Journal”, “Securities Times”, “Securities Daily” and www.cninfo.com.cn The “Announcement on the Repurchase of Some Public Shares” (Announcement No.: 2022-019) and the “Repurchase Report” (Announcement No.: 2022-028).
According to the relevant regulations such as the “Rules for Share Repurchase of Listed Companies” and “Guidelines for the Self-discipline and Supervision of Listed Companies of Shenzhen Stock Exchange No. 9 – Repurchase of Shares”, the company shall disclose the returns as of the end of the previous month within the first three trading days of each month. The progress of the repurchase is hereby announced as follows:
As of May 31, 2022, the company has not yet implemented share repurchase.
In the future, the company will repurchase the company’s shares according to relevant regulations, and make an announcement on the day after the fact of the first repurchase of shares.
Special announcement.
Chengde Lulu Co., Ltd. Board of Directors
June 2, 2022
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