China Net Finance June 2: Lege Ergonomic Technology Co., Ltd. (abbreviation: Lege Shares, 300729.SZ) issued a pre-disclosure announcement on the reduction of shares held by shareholders holding more than 5%, some directors and senior managers, saying, On June 1, 2022, the company received the “Notice of Share Reduction Plan” issued by the shareholder Jucai Investment Director, Chief Financial Officer, Secretary of the Board Zhu Wei, Director and Deputy General Manager Pan Yunping.
The shareholders who hold 18,720,000 shares of the company (8.48% of the company’s total share capital) plan to reduce their holdings of the company’s shares by no more than 4,400,000 shares through block transactions and centralized bidding transactions, that is, the reduction ratio does not exceed 1.99 of the company’s total share capital. %, and the reduction of holdings by centralized bidding shall be carried out within six months following 15 trading days from the date of announcement of the reduction plan.
Zhu Wei, the director, chief financial officer and secretary of the board of directors, who holds 1,923,127 shares of the company (0.87% of the company’s total share capital), plans to start within six months following 15 trading days from the date of the announcement of the reduction plan (ie June 24, 2022). From today to December 23, 2022), the company’s shares will be reduced by no more than 480,000 shares through centralized bidding transactions, that is, the reduction ratio will not exceed 0.22% of the company’s total share capital.
Pan Yunping, a director and deputy general manager who holds 608,150 shares of the company (accounting for 0.28% of the company’s total share capital), plans to start within six months following 15 trading days from the date of the announcement of the reduction plan (i.e. June 24, 2022). From today to December 23, 2022), the company’s shares will be reduced by no more than 150,000 shares through centralized bidding transactions, that is, the reduction ratio will not exceed 0.07% of the company’s total share capital.
In the announcement, relevant risk warnings: Jucai Investment and Mr. Zhu Wei and Ms. Pan Yunping will decide whether to implement this share reduction plan according to market conditions and the company’s stock price. The uncertainty of the price, and the uncertainty of whether the implementation will be completed on schedule, the company will disclose according to the regulations according to the progress. In addition, Jucai Investment, Mr. Zhu Wei, and Ms. Pan Yunping are not the controlling shareholders of the company. The implementation of this shareholding reduction plan will not lead to a change in the company’s control, nor will it affect the company’s governance structure and continuing operations.
The market value fell by more than 50%
CDC Finance has learned that since the stock price of Lege shares in the secondary market hit a new one-year high of 35.05 yuan per share on December 6, 2021, the total market value of the company has dropped by more than 50% in less than seven months. The stock price was 16.84 yuan, down 2.21% intraday, with a total market value of 3.717 billion yuan.
(Editor in charge: Hua Qingjian)