000667SZSE

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

ST Mei Zhi Co., Ltd.··3 pages

✨ AI Summary

The announcement details the progress of a shareholding plan initiated by certain directors and senior management of the company. From May 10, 2023, they plan to increase their holdings by a total amount between RMB 50 million and 80 million. As of May 15, 2023, they have collectively purchased 2.5 million shares for RMB 2.3 million. The company emphasizes the importance of compliance with regulations and warns of risks related to stock price fluctuations.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Stock Abbreviation: ST Meizhi

Stock Code: 000667

Announcement Number: 2023-36

Meihao Real Estate Group Co., Ltd. announces the progress of the shareholding plan by certain directors and senior management. All participants guarantee that the information provided to the company is true, accurate, complete, and free of 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 holdings of the company's shares through centralized bidding in the secondary market within three months starting from May 10, 2023, with a total amount not exceeding (including) RMB 80 million and not less than (including) RMB 50 million.
  2. As of May 15, 2023, the company's stock closing price has been below RMB 1 per share for twelve consecutive trading days, posing a risk of delisting due to the stock price being below par value. Investors are advised to pay attention to investment risks.

On May 15, 2023, certain directors, senior management, and core business leaders of Meihao Real Estate Group Co., Ltd. (hereinafter referred to as "the Company") collectively increased their holdings of the company's shares by 2,500,000 shares through centralized bidding, with a total investment of RMB 2,300,000 (excluding transaction fees). The details are as follows:

1. Basic Situation of the Shareholding Plan

On May 9, 2023, the company received a notice from certain directors, senior management, and core business leaders (hereinafter referred to as "the Increasing Parties") regarding their plan to increase their holdings of the company's shares. The Increasing Parties plan to increase their holdings through centralized bidding in the secondary market within three months starting from May 10, 2023, with a total amount not exceeding (including) RMB 80 million and not less than (including) RMB 50 million. For details, please refer to the relevant announcement disclosed by the company on May 10, 2023, announcement number: 2023-30.

Sign in to read the full translation

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