Haier Smart Home Co.,Ltd.
Haier Smart Home Co.,Ltd.: Announcement on the Progress of the A-Share Repurchase through Centralized Bidding Transactions
Haier Smart Home Co.,Ltd.
/ Third country release according to Article 50 Para. 1, No. 2 of the WpHG [the German Securities Trading Act]
Third country release pursuant to Section 50 para. 1 no. 2 German Securities Trading Act (WpHG)
Announcement on the Progress of the A-Share Repurchase through Centralized Bidding Transactions Qingdao / Shanghai / Frankfurt, 30 April 2021 – Haier Smart Home Co., Ltd. (the “Company” or “Haier Smart Home“, D-share 690D.DE, A-share 600690.SH, H-share 06690.HK) repurchased a total of 1,398,900 A-shares by way of centralized bidding transactions in April 2021, accounting for 0.015% of the total share capital of the Company, with the highest purchase price of RMB 32.34 per share and the lowest price of RMB 31.12 per share, and the amount paid was RMB 44,376,256. As of the end of April 2021, the Company has repurchased a total of 4,114,700 A-shares, accounting for 0.044% of the total share capital, with the highest purchase price of RMB 32.34 per share and the lowest price of RMB 28.79 per share and the amount paid was RMB 125,007,125. I. General information of the A-share repurchase Haier Smart Home Co., Ltd. held the 16th meeting of the tenth session of the board of directors on 5 March 2021, at which the Proposal on the Scheme of Repurchase of a Portion of A-share Public Shares of Haier Smart Home Co., Ltd. was reviewed and approved. It is agreed that the Company may repurchase a portion of its A-shares through centralized bidding transactions with its own funds, providing that the repurchase price is no more than RMB 46/share and the total amount of funds used for repurchase is no more than RMB 4 billion and no less than RMB 2 billion, the number of repurchased shares shall not exceed 86.96 million shares. The implementation period for repurchase falls in the 12 months from the date when the share repurchase scheme is adopted by the board of directors. II. Details of the first implementation of A-share repurchase In accordance with the relevant provisions of laws, regulations and regulatory documents including the Detailed Rules of the Shanghai Stock Exchange on Implementation of Repurchase of Shares by Listed Companies, the Company’s progress of share repurchase is hereby announced as follows: In April 2021 the Company repurchased a total of 1,398,900 A-shares by way of centralized bidding transactions, accounting for 0.015% of the total share capital of the Company, with the highest purchase price of RMB 32.34 per share and the lowest price of RMB 31.12 per share, and the amount paid was RMB 44,376,256. As of the end of April 2021, the Company has repurchased a total of 4,114,700 A-shares, accounting for 0.044% of the total share capital, with the highest purchase price of RMB 32.34 per share and the lowest price of RMB 28.79 per share and the amount paid was RMB 125,007,125. The repurchase complies with relevant laws and regulations and is in line with the Company’s established repurchase scheme. III. Other matters The Company will strictly follow the Detailed Rules of the Shanghai Stock Exchange on Implementation of Repurchase of Shares by Listed Companies and other relevant regulations and its share repurchase scheme to make repurchase decisions based on market conditions and implement within the repurchase period. The Company shall perform information disclosure obligations in a timely manner according to the progress of the share repurchase. Investors are advised to pay attention to investment risks. Note: This Announcement has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese version shall prevail.
IR Contact: Yao Sun (Sophie) – Haier Smart Home Germany
30.04.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Haier Smart Home Co.,Ltd. |
Haier Industrial Park, Laoshan District | |
266101 Qingdao | |
China | |
Internet: | www.haier.net |
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