Jiangsu Sunshine (600220): Shareholder Sunshine Group Holds More Than 27 Million 100 Thousand Shares

In September 19th, Jiangsu sunshine (600220) issued a summary of the takeover report.

In September 14, 2018, the sunshine group held a meeting of shareholders, and agreed that the sunshine group's holdings of Jiangsu sunshine shares increased from September 17, 2018 to less than 8916800 shares and not more than 35666800 shares, that is, not less than 0.5% of the total share capital of Jiangsu sunshine issued, and it does not exceed 2% of the total share capital issued by Jiangsu sunshine.

Based on the above decision, sunshine group from September 17, 2018 to September 16, 2019, according to the market situation, through the stock exchange centralized auction trading system to increase Jiangsu sunshine shares.

From September 17, 2018 to September 16, 2019, through the stock exchange and securities trading system, Jiangsu shares 27102071 shares of sunshine, increasing the average price of 2.445 yuan / share, accounting for 1.52% of the total share capital of listed companies.

This acquirer's stock holdings through the two tier market are all A shares. There is no restriction of rights such as pledge and freeze.

Prior to the acquisition, Sun Group held 150872162 shares of Jiangsu sunshine shares, accounting for 8.46% of the total share capital of the listed companies; Chen Lifen, Yu Qinfen and Sun Ningling of unanimous action held 148181020 shares, 144300000 shares and 91648980 shares of Jiangsu sunshine shares, accounting for 8.31%, 8.09% and 5.14% of the total shares of the listed companies respectively, and the sunshine group and its concerted persons held 535002162 shares of the listed company, accounting for 30% of the total share capital of the listed company.

From September 17, 2018 to September 16, 2019, sun group increased 27102071 shares of Jiangsu sunshine through the stock exchange securities trading system, increasing the average price of 2.445 yuan / share, accounting for 1.52% of the total share capital of listed companies. After this increase, Sun Group holds 177974233 shares of Jiangsu sunshine shares, accounting for 9.98% of the total share capital of the listed companies; Chen Lifen, Yu Qinfen and Sun Ningling of unanimous action share 148181020, 144300000 and 91648980 shares of Jiangsu sunshine shares respectively, accounting for 8.31%, 8.09% and 5.14% of the total shares of the listed company respectively. The sunshine group and its concerted action share 562104233 shares of the listed company, accounting for 31.52% of the total share capital of the listed company.

Based on the confidence of the listed company's intrinsic value and future development prospects, the acquirer has implemented the plan to increase the shareholding of the listed company in order to ensure the stability of the control rights and safeguard the interests of the small and medium-sized investors.