Picking Bai Bai: Triggering stable stock price measures to start conditions

On July 28, 2022, the listed company of the Beijing Stock Exchange Picai (831768.bj) issued a prompt announcement on triggering stable stock price measures.

The announcement shows that in order to maintain the stability of the stock price after the listing of Zhuhai Shibaicai Tu Board Co., Ltd. (hereinafter referred to as the "Company"), the company has formulated a stable stock price plan.

The plan has been reviewed and approved by the Eleventh Session of the Fourth Board of Directors of the company and the first interim shareholders' meeting in 2021, and has been disclosed in the public issuance manual.

The company was listed on the selected layer on June 28, 2021. At present, the company is currently from the second month to three years from the date of listing from the selection layer.

On April 26, 2022, the company disclosed the "2021 Annual Report". The recent audited net assets per share of shareholders of listed companies were 6.30 yuan; on May 20, 2022, the company disclosed "2021, 2021 Announcement of the annual equity distribution ", with May 27, 2022 as the equity registration date, and May 30, 2022 as the division of rights to remove rights, each 10 shares of 1 yuan cash.

Due to profit distribution, the company's net assets change, the adjustment of the net assets per share is 6.20 yuan. From June 29th, 2022 to July 26, 2022, the closing price of the company's stock for 20 consecutive trading days was lower than the adjustment of the recently audited net assets, which has triggered the company's stable stock price plan.

The specific arrangement of this stable stock price is as follows:

(1) The company's board of directors issued an announcement of increasing holdings within 5 trading days from the date when the controlling shareholder and actual controller increase their holdings; Start starting to increase its holdings and implement it within 3 months.

(2) After the controlling shareholder or the actual controller has adopted the stock price stability measures and implemented it, the company's stock price still meets the prerequisite for starting the stock price stability measures, the company's relevant regulations on the Beijing Stock Exchange on the company's repurchase stocks, the relevant regulations of the company's repurchase stocks, and the company's regulations, and Under the premise of being approved by regulatory agencies (if required), and the company's equity distribution meets the conditions of listed companies, it repurchase shares from public shareholders.

(3) After the actual controller, the controlling shareholder, and the company have all adopted the stock price stability measures and implemented it, the company's stock price still meets the prerequisite for starting the stock price stability measures. The Beijing Stock Exchange's relevant provisions on increasing the holding of the company's shares and the approval of the regulatory authorities (if required), and should not cause the company's equity distribution to fail to meet the conditions of the listed company, buy the company through bidding transactions through bidding transactions. Stocks stabilize the company's stock price.

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