000667SZSE

Announcement on the Progress of the Shareholding Plan by Certain Directors and Senior Management of the Company

ST Mei Zhi Co., Ltd.··3 pages

✨ AI Summary

This announcement details the progress of a shareholding plan initiated by certain directors and senior management of the company. The plan, which commenced on May 10, 2023, aims to increase shareholdings by an amount between RMB 50 million and 80 million. As of May 12, 2023, a total of 500,000 shares were purchased for RMB 440,000. The company emphasizes the importance of compliance with regulations and warns of potential risks related to stock price.

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Full Translation

AI Translation· azure_openai

Securities Abbreviation: ST Meizhi

Securities Code: 000667

Announcement Number: 2023-34

Announcement on the Progress of the Shareholding Plan by Certain Directors and Senior Management of the Company

This plan ensures that all personnel provide true, accurate, and complete information to the company, with no false records, misleading statements, or significant omissions. The company and all members of the board guarantee that the announcement content is consistent with the information provided by the information disclosure obligor.

Special Reminder:

  1. Certain directors and senior management plan to increase their shareholdings through centralized bidding in the secondary market starting from May 10, 2023, for a period of three months, with a total intended increase not exceeding (including) RMB 80 million and not less than (including) RMB 50 million.
  2. As of May 12, 2023, the company's stock closing price has been below RMB 1 per share for eleven consecutive trading days, posing a risk of delisting due to the stock price being below par value. Investors are advised to be cautious of investment risks.

On May 12, 2023, Feng Xian, a director, vice president, and board secretary of Meizhi Group Co., Ltd. (hereinafter referred to as "the company"), purchased 500,000 shares of the company through centralized bidding, with a total purchase amount of RMB 440,000 (excluding transaction fees). The details are as follows:

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