On the evening of October 7, Yongguan New Materials announced a sudden announcement that the company’s director, deputy general manager and secretary of the board of directors Yang Debo had unfortunately passed away on October 2, 2021 due to an accident during his vacation. On October 8, Yongguan New Materials opened higher with the general trend of A-shares, but since then it has fluctuated down all the way. As of the noon closing, Yongguan New Materials plunged 4.95% to close at 31.32 yuan.
According to Jimu News,On October 1st and 2nd, the three drowned when they were on vacation in the Boao waters of Hainan Province. One of them, a 34-year-old senior executive of a listed company, was unfortunately killed on October 2 during a vacation in the Boao waters of Hainan Province.
Inquiry about the publicly disclosed information of Yongguan New Materials, Yang Debo was born in 1987 and is now 34 years old. He has served as the manager of the planning and IT department of Shanghai Yongguan Adhesive Products Co., Ltd., and currently serves as the director, deputy general manager and secretary of the board of directors of Yongguan New Materials.
Yongguan New Materials stated that it will complete the by-election of directors and the appointment of the board secretary and deputy general manager as soon as possible, and fulfill the obligation of information disclosure in a timely manner.
Public information shows that Yang Debo held 300,000 shares of listed companies before the A-share IPO of Yongguan New Materials in March 2019. From June to July 2020, after the reduction of 75,000 shares, as of December 31, 2020, Yang Debo held 225,000 shares of Yongguan New Materials.
Since 2021, Yongguan New Materials has successively completed the employee stock ownership plan and the equity incentive plan, and Yang Debo has benefited. In the first phase of the company’s employee stock ownership plan completed in April 2021, Yang Debo intends to hold 585,000 shares in the employee stock ownership plan.
The list of 2021 stock options incentive plan first granted incentives announced on September 27 shows that Yang Debo intends to be granted 60,000 shares of stock options, accounting for 2.93% of the number of stock options to be granted in the incentive plan. The first equity grant of stock options is exercised. The price is 28.51 yuan/piece.
Public information shows that Yongguan New Materials was listed on the A-share IPO on March 26, 2019. The company is a leading global manufacturer of comprehensive adhesive materials, focusing on the research and development, production and sales of various civil adhesive materials, industrial adhesive materials, and chemical materials. The main products include cloth tape, masking tape, PVC tape, etc.