Press Releases and Material Information
| The company's capital reduction has completed the registration of capital changes | 2020-08-27 |
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1. The date of capital reduction approved by the competent authority: 109/07/20 2. Date of completion of capital change registration: 2020/08/25 3. Impact on financial reports (including the difference between paid-in capital and the number of outstanding shares and the impact on net value per share): Paid-in capital (yuan) Number of shares outstanding (shares) Net value per share (yuan) Before capital reduction 808,595,530 80,859,553 5.46 After capital reduction 646,876,420 64,687,642 6.83 The net value per share is calculated based on the latest consolidated financial report reviewed by the accountant. 4. The expected share swap operation plan: it will be announced separately after the competent authority checks and prepares for inspection. 5. Estimated number of common shares listed on the OTC after the capital reduction new shares are listed: 54,106,842 shares 6. The ratio of the number of common shares listed on the OTC to the issued common shares after the capital reduction of new shares is expected to be listed (Number of common shares listed on the OTC after capital reduction/number of common shares issued after capital reduction): 83.64% 7. The number of common stocks listed in the previous two items is expected to be less than 5 million and less than 25% after the capital reduction, Please explain the countermeasures for low equity liquidity: Not applicable. 8. Other matters that should be stated: The company received the change registration approval letter issued by the Ministry of Economic Affairs on 109/08/27, and handled the announcement in accordance with the regulations. |
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