Top-Thema

23:20 Uhr
Allianz: Zwei neue Investitionen des Versicherungskonzerns - Aktienanalyse

Qingdao Haier Co.,Ltd.: Announcement on Implementation Result of Shareholding Increase in the Company by Persons Acting in Concert of De Facto Controller and Announcement on Asset Management Agreement in Relation to the No.4 Employee Shareholding Plan

Freitag, 10.05.2019 16:55

DGAP-News: Qingdao Haier Co.,Ltd. / Key word(s): Miscellaneous/Miscellaneous Qingdao Haier Co.,Ltd.: Announcement on Implementation Result of Shareholding Increase in the Company by Persons Acting in Concert of De Facto Controller and Announcement on Asset Management Agreement in Relation to the No.4 Employee Shareholding Plan 10.05.2019 / 16:54 The issuer is solely responsible for the content of this announcement.


 

Qingdao / Shanghai / Frankfurt, May 10, 2019 - Qingdao Haier Co., Ltd. (600690.SH; 690D.GR, "Qingdao Haier" or the "Company") published a mandatory announcement in accordance with applicable trading rules of Shanghai Stock Exchange / applicable PRC laws in relation to the Announcement on Implementation Result of Shareholding Increase in the Company by Persons Acting in Concert of De Facto Controller

The Board of Directors of the Company and all members of the Board warrant that there are no false representations, misleading statements and material omissions in this announcement, and are severally and jointly responsible for the authenticity, accuracy and completeness of the content herein.

 

Important notice:

- Basic information on Shareholding Increase Plan: On August 2, 2018, Qingdao Haier Co., Ltd. (hereinafter referred to as the "Company") disclosed the Announcement of Qingdao Haier Co., Ltd on Shareholding Increase in the Company by Persons Acting in Concert of De Facto Controller (No. L2018-038), in which Qingdao Haichuangzhi Management Consulting Enterprise (Limited Partnership) (hereinafter referred to as "Haichuangzhi"), the person acting in concert of Haier Group Corporation (hereinafter referred to as "Haier Group") , the de facto controller, planned to increase its holding of shares of a total amount no less than RMB270 million and an accumulated total amount no more than 2% of the Company's total share capital within 12 months as of the first increase of the Current Shareholding Increase Plan.

- Implementation result of the Shareholding Increase Plan: As of the disclosing date of this Announcement, Haichuangzhi increased accumulatively its holding of 73,011,000 shares of the Company's share through the centralized bidding system of Shanghai Stock Exchange, with the type of such shares increased being A Shares, the average price being RMB14.94/share and the amount of such increase being RMB1,090,500,482 (including service charge). Haier Group and its persons acting in concert, including Haichuangzhi, held 2,576,559,148 shares of the Company in total, accounting for 40.46% of the total share capital of the Company. As of the disclosing date of this Announcement, Current Shareholding Increase Plan has been implemented.

I. Basic Information of Shareholder and Main Contents of Shareholding Increase Plan

(I). Shareholder: Haichuangzhi, the person acting in concert of Haier Group.

(II). Before the implementation of the Current Shareholding Increase Plan, Haichuangzhi held none of the Company's equity.

(III). Contents of Shareholding Increase Plan: on August 2, 2018, the Company disclosed the Announcement of Qingdao Haier Co., Ltd on Shareholding Increase in the Company by Persons Acting in Concert of De Facto Controller, as regard to the confidence in the long-term development of China's capital market and the Company's operating prospects, Haichuang Zhi plans to increase its holding of the Company's A Shares through the trading system of Shanghai Stock Exchange in next 12 months, with an accumulated increasing amount no less than RMB270 million and no more than 2% of the total shares issued by the Company. The increased shares were funded by own funds. No price range is set for this shareholding increasing, and Haichuangzhi will implement step by step the Shareholding Increase Plan according to the fluctuation of the Company's share price and the overall trend of the capital market.

II. Implementation Result of the Current Shareholding Increase Plan

As of May 9, 2019, Haichuangzhi has completed the implementation of the Shareholding Increase Plan. The details are as follows:

Shareholder Increasing method Number increased (share) Average price of the increase (RMB/share) Amount increased (in RMB) Proportion of shares increased in the Company's total share capital
Haichuangzhi Centralized bidding 73,011,000 14.94 1,090,500,482 1.15%

III. Legal Opinion on Special Verification

With regard to this shareholding increasing, King & Wood Mallesons issued a Special Verification Opinions of King & Wood Mallesons on the Shareholding Increase in the Company by Persons Acting in Concert of De Facto Controller of Qingdao Haier Co., Ltd, in which it believed that, Haichuangzhi had been qualified as the subject of this shareholding increasing; this shareholding increasing conformed to the provisions of Item (II), Paragraph II, Article 63 of the Administrative Measures on the Acquisition of Listed Companies regarding the circumstances in which it may be exempted from applying to CSRC for a takeover bid, and the Company may apply to go through share transfer and transfer registration procedures (when necessary) directly with stock exchanges or stock registration and settlement institutions; and in this shareholding increasing, the Company had fulfilled its corresponding information disclosure obligations.

IV. Other Matters

(I). The Company has, in accordance with relevant regulations, disclosed the Shareholding Increase Plan and its progress of Haichuangzhi, the person acting in concert of the de facto controller of this shareholding increasing, as detailed in related announcements disclosed by the Company (No. L2018-038, L2018-039, L2018-064, L2018-074 and L2018-076).

(II). The Company will, in accordance with relevant provisions of Stock Listing Rules of Shanghai Stock Exchange, Administrative Measures for the Acquisition of Listed Companies and Guidelines for Shareholding Increase Behaviors of Shareholders and its Persons Acting in Concert of Companies Listed in Shanghai Stock Exchange, pay continuous attention to the relevant situations of the increased shares of the Company by Haichuangzhi and fulfill its information disclosure obligations in a timely manner.

(III). The shareholder promises not to reduce its holding of the Company's shares within the legal term.

It is hereby announced.

Board of Directors of Qingdao Haier Co., Ltd.

May 10, 2019  

Qingdao / Shanghai / Frankfurt, May 10, 2019 - Qingdao Haier Co., Ltd. (600690.SH; 690D.GR, "Qingdao Haier" or the "Company") furthermore published a mandatory announcement in accordance with applicable trading rules of Shanghai Stock Exchange / applicable PRC laws in relation to Asset Management Agreement with Xingzheng Asset Management in relation to "Xinzhong Qingdao Haier No. 4 employee shareholding single asset management plan". This single asset management plan mainly invests in the shares of Qingdao Haier, including but not limited to obtaining and holding the underlying stocks in a manner permitted by laws and regulations such as centralized bidding, block trades, and agreement transfer. The main contents of the asset management agreement are: 1. The parties and rights and obligations; 2. The basic situation of the asset management plan; 3. The establishment and filing of the asset management plan; 4. The investment of the entrusted assets; 5. The rights and obligations of the principal; 6, special risk tips; 7, management fees, custody fees and other related expenses; 8, trading, liquidation and termination; 9, other. Further information can be found on the Company's website under http://www.haier.net/en/investor_relations/haier/gsgg/


10.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de


Language: English
Company: Qingdao Haier Co.,Ltd.
Haier Industrial Park, Laoshan District
266101 Qingdao
China
Phone: +86 532 8893 1670
E-mail: finance@haier.com
Internet: www.haier.net
ISIN: CNE1000031C1
WKN: A2JM2W, 690D
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 810021
 
End of News DGAP News Service

810021  10.05.2019 

fncls.ssp?fn=show_t_gif&application_id=810021&application_name=news&site_id=ariva