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 implementation rules of the Shenzhen Stock Exchange listed companies 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. The progress of the company's repurchase shares is hereby announced as follows:

As of January 31, 2019, the Company repurchased 15467990 shares of shares, accounting for 0.94% of the total share capital of the company, with a maximum paction price of 5.43 yuan / share, with a minimum paction price of 4.82 yuan / share, with a total payment of 79562082.90 yuan (including paction costs).

The time of the company's repurchase of shares, the number of repurchase shares and the time of entrustment of centralized bidding pactions are in line with the requirements of the relevant laws and regulations of the Shenzhen Stock Exchange listed company's repurchase stock implementation rules and the company's implementation of the repurchase.

The established plan for shares is as follows:

1, from the first repurchase date (December 26, 2018) to January 31, 2019, the Company repurchased the sensitive period which does not relate to the seventeenth rules of the Shenzhen Stock Exchange listed company's detailed rules for the repurchase of shares.

2, up to now, the company has accumulated the highest volume of 6 million 796 thousand and 700 shares every five trading days (from December 27, 2018 to January 4, 2019, five trading days). 25% of the 27 million 478 thousand and 100 shares of the company's stock accumulated on the five trading day before the fact that the first buyback took place was not exceeded, which is in line with the provisions of eighteenth rules on the share repurchase shares of the listed companies of the Shenzhen stock exchange.

3, the time period of the company's repurchase shares centralized bidding is in line with the nineteenth provision of the detailed rules for the implementation of the share repurchase of the listed companies of the Shenzhen stock exchange.

The company will continue to implement the buyback according to the relevant requirements of the implementation rules of the Shenzhen Stock Exchange listed company, such as the sensitive period, the quantity and rhythm of the repurchase, and the market situation and capital arrangement, and timely fulfill the obligation of information disclosure in accordance with the relevant laws, regulations and regulatory documents during the buyback period.

We invite investors to pay attention to investment risk.

Notice hereby.

Shijiazhuang Changshan North Ming Polytron Technologies Inc board of directors

February 2, 2019