000616SZSE

Announcement on the Shareholding Increase Plan by Controlling Shareholder and Concerted Actors

*ST Haitu Co., Ltd.··4 pages

✨ AI Summary

HNA Capital Group Co., Ltd. and its concerted actor, HNA Investment Holdings Co., Ltd., plan to increase their shareholding in HNA Investment Group Co., Ltd. by at least RMB 20 million within six months, with a minimum purchase price of RMB 0.95 per share. The plan aims to enhance shareholder value and reflects confidence in the company's future. Investors are advised to be aware of potential risks related to stock price fluctuations.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Securities Code: 000616
Securities Abbreviation: *ST HNA Investment
Announcement Number: 2023-062

HNA Investment Group Co., Ltd. Announcement on the Shareholding Increase Plan by Controlling Shareholder and Concerted Actors

The entities involved in this shareholding increase plan guarantee that the information provided to the company is true, accurate, complete, and free from false records, misleading statements, or significant omissions. The company and all members of the board of directors ensure that the announcement content is consistent with the information provided by the information disclosure obligor.

Special Reminder:

  1. The controlling shareholder, HNA Capital Group Co., Ltd., and its concerted actor, HNA Investment Holdings Co., Ltd., plan to increase their shareholding in the company through centralized bidding within six months, with an amount not less than RMB 20 million and a purchase price not lower than RMB 0.95 (inclusive) per share. If HNA Investment Group Co., Ltd. (hereinafter referred to as "the Company") is suspended from trading during the implementation period, the shareholding increase plan will be postponed until trading resumes.
  2. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2023 Revision)" (hereinafter referred to as "Listing Rules"), if the company's stock closing price is below RMB 1 for twenty consecutive trading days, the company's stock may be delisted from the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). As of May 31, 2023, HNA Investment's stock closing price has been below RMB 1 for eleven consecutive trading days, and investors are advised to pay attention to the risks.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.