Zhejiang Fu Run (600070): Two High Tube Total Reduction Of No More Than 2.05% Shares

Duer net May 22nd news, Zhejiang Fu run (600070) issued a notice that shares Dongjiang owned plan through centralized bidding or bulk trading method total reduction of not more than 7868. 900 shares (if the shares are changed during the period of reduction, such as share transfer and stock transfer), the corresponding reduction in the number of shares reduced shall not exceed 1.51% of the total share capital of the company (of which no more than 5219400 shares are reduced by means of centralized competitive trading, that is, no more than 1% of the total share capital of the company, and the number of shares reduced by block trading shall not exceed 7868. 900 shares shall not exceed 1.51% of the total share capital of the company. Among them, the period of reduction through centralized auction is 6 months after the 15 trading day from the date of the announcement of the reduction plan. The reduction price will be determined according to the market price and transaction method.

The Fu Haipeng plan, within 15 months from the date of promulgation of the proposed reduction plan, will not be reduced during the 6 months after the date of the reduction, and no more than 2843400 shares can be reduced through centralized bidding. If the shares are changed during the period of reduction, the number of shares reduced should be adjusted accordingly, that is, it will not exceed 0.54% of the total shares of Zhejiang fortune. The reduction price will be determined according to the market price and transaction method.

Deputy director of the Yangtze River and its concerted action Jiaxing Taitai investment partnership (limited partnership) holds 31475712 shares of the company's stock, of which Jiang holds 31475712 shares of the company's stock, accounting for 6.03% of the total share capital of the company, all of which are sold on an unlimited sale. Fu Haipeng, managing director and deputy general manager of the company, owns 11373640 shares of the company's stock (200 of which are purchased in two market), accounting for 2.18% of the total share capital of the company.

It is understood that the reason for this reduction is personal capital needs, and the source of shares is purchased from the issue of shares.

The company's annual report 2019 shows that in 2019, the net profit attributable to shareholders of listed companies was 485 million yuan, an increase of 123.94% over the same period last year.

Statistics show that Zhejiang is mainly engaged in Internet services, textile printing and dyeing, seamless steel tube processing and sales.