Securities Code: 000793 Securities Abbreviation: *ST Huawen Announcement No.: 2026-038
China Fortune Media Group Co., Ltd. Announcement on the Progress of Capital Reserve to Share Capital Transfer Under Restructuring Plan and Resumption of Trading
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Special Notice:
- The shares of China Fortune Media Group Co., Ltd. (hereinafter referred to as the "Company") (Securities Abbreviation: *ST Huawen, Securities Code: 000793) will resume trading on June 22, 2026 (Monday) at the opening.
- Given that the Company's shares were suspended on the equity registration date for the capital reserve to share capital transfer (June 18, 2026), the closing price of the shares before the ex-rights and ex-dividend date of this capital reserve to share capital transfer was the closing price on June 17, 2026, which was 2.63 RMB/share. This closing price is higher than the average price of this capital reserve to share capital transfer, which is 2.41 RMB/share. Therefore, the opening reference price for the stock 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 Transfer Issued by China Fortune Media 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 RMB/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 China Fortune Media Group Co., Ltd. (hereinafter referred to as the "Restructuring Plan") have all been transferred. The Company's total share capital has increased from 1,997,245,457 shares to 4,393,940,005 shares.
I. Progress of Capital Reserve to Share Capital Transfer