Securities Code: 000793 Securities Abbreviation: *ST Huawen Announcement No.: 2026-038
Huawen Media Investment Group Co., Ltd. Announcement on the Progress of Capital Reserve to Share Capital Increase under the Restructuring Plan and Resumption of Trading
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Special Reminder:
- The shares of Huawen Media Investment Group Co., Ltd. (hereinafter referred to as the "Company") (Securities Abbreviation: *ST Huawen, Securities Code: 000793) will resume trading starting from the market opening on June 22, 2026 (Monday).
- Given that the Company's shares were suspended on the equity registration date for the capital reserve to share capital increase (June 18, 2026), the closing price of the shares before the ex-rights and ex-dividend date of this capital reserve to share capital increase was the closing price on June 17, 2026, which was 2.63 yuan/share. This closing price is higher than the average price of 2.41 yuan/share for this capital reserve to share capital increase. Therefore, the opening reference price for the shares on the trading day following the equity registration date (June 22, 2026) needs to be adjusted. According to the "Special Opinion on the Calculation Results of the Adjusted Ex-rights Reference Price for Capital Reserve to Share Capital Increase of Huawen Media Investment Group Co., Ltd." issued by Tianfeng Securities Co., Ltd. (hereinafter referred to as "Tianfeng Securities"), the adjusted ex-rights reference price calculated according to the Company's adjusted ex-rights reference price calculation formula is 2.51 yuan/share.
- As of the disclosure date of this announcement, the 2,396,694,548 shares transferred by the Company to implement the "Restructuring Plan" of Huawen Media Investment Group Co., Ltd. (hereinafter referred to as the "Restructuring Plan") have all been transferred. The total share capital of the Company has increased from 1,997,245,457 shares to 4,393,940,005 shares.
I. Progress of Capital Reserve to Share Capital Increase