Changshan North Ming (000158): Progress Of Share Repurchase Company

Shijiazhuang Changshan North Ming Polytron Technologies Inc

Announcement on progress of share repurchase company

All members of the company and the board of directors guarantee the authenticity, accuracy and completeness of the announcement. There is no false record, misleading statement or major omission in the announcement.

Shijiazhuang Changshan North Ming Polytron Technologies Inc (hereinafter referred to as the "company") held the three session of the seven session of the board of directors in November 13, 2018 to consider and adopt the motion on repurchasing shares of the company by means of centralized bidding, and the motion to authorize the board of directors to fully handle the relevant work of this share repurchase. In November 29, 2018, the company held the fourth provisional shareholders meeting in 2018 to consider and adopt the motion.

In December 13, 2018, the company disclosed the repurchase report on share repurchase shares (Bulletin number:

2018-089).

The company intends to own or raise its own funds no less than 300 million yuan, not more than 600 million yuan, repurchase shares and write off the price by centralized bidding, and the repurchase price will not exceed 8 yuan / share (including 8 yuan / share).

The number of specific repurchase shares shall be based on the number of shares actually repurchased at the end of the buyback period.

Details of the company's repurchase are detailed in the company's notice.

According to the regulations on the repurchase of public shares by listed companies (Trial Implementation), the supplementary provisions on the repurchase of shares by Listed Companies in centralized bidding, the detailed rules for the implementation of the repurchase shares of Listed Companies in the Shenzhen stock exchange, and the relevant rules and regulations of the Shenzhen Stock Exchange listing rules, the company shall announce the progress of the repurchase at the end of the month in the first 3 trading days of each month.

First, the specific situation of repurchase shares.

As of April 30, 2019, the Company repurchased 18718840 shares of shares, accounting for 1.1325% of the total share capital of the company, with a maximum paction price of 6.819 yuan / share, with a minimum paction price of 4.820 yuan / share, with a total payment of 97139547.85 yuan (including paction costs).

Two, other instructions

1. the time period for the company to repurchase shares, the number of repurchase shares and the period of entrustment of centralized bidding pactions are in conformity with the relevant provisions of the detailed rules for the implementation of the repurchase shares of the listed companies of the Shenzhen stock exchange, seventeenth, eighteen and nineteen.

2. from the date of the company's implementation of the buyback plan, the number of shares repurchased by the company every five trading days has not exceeded 25% of the 27 million 478 thousand and 100 shares of the company's share trading volume on the first five days (December 26, 2018).

3. the company will continue to implement the buyback plan according to market conditions and funding arrangements.

During the period of repurchase, the company will fulfill its obligation of information disclosure in accordance with relevant laws, regulations and normative documents.

We invite investors to pay attention to investment risk.

Notice hereby.

Shijiazhuang Changshan North Ming Polytron Technologies Inc board of directors

May 7, 2019