Jia Tongchun, the major shareholder and vice chairman of BNBM, and the persons acting in concert plan to reduce their holdings by no more than 3,500,000 shares (accounting for 0.2072% of the total share capital) through centralized bidding and block trading from October 30, 2024 to January 29, 2025. The reason for the reduction is the shareholders' own capital needs, and the reduction of shares comes from the shares acquired by the reorganization in 2016 and the shares transferred by Shenxinli No.22 and Shenxinli No.24 through bulk trading. Mr. Jia Tongchun signed a concerted action agreement with Shenxinli No.22 and Shenxinli No.24, stipulating that the decision-making of shareholders'rights in the asset management plan should be consistent with Mr. Jia Tongchun.
On the occasion of the 75th anniversary of the founding of China, the builders of Anhui Construction Engineering Group stick to their posts and make every effort to promote the construction of key projects, such as the Huainan section of Huainan-Tongcheng Expressway, the reconstruction of G236 first-class highway in Fanchang District, and the prefabrication of 02 bid of Guomeng section of Luomeng Expressway, so as to strengthen safety awareness and ensure safe and orderly construction. After the completion of the project, it will strengthen regional transportation links, promote regional integration, promote economic and social development, and show the dedication and practical spirit of the engineers.
Hainan Ruize announced that 27 million shares of the company held by Sanya Daxing Group, a major shareholder, will be auctioned twice by the judiciary, after the first round of auction failed. The shares account for 28.38% of the company's shares held by Daxing Group, accounting for 2.35% of the total share capital, and are currently frozen. The auction will be held from October 24 to 25, 2024. This matter will not lead to the change of control rights of the company and will not have a significant impact on the company's production and operation. The results of the auction are uncertain, and the company will fulfill its obligation to disclose information and remind investors to pay attention to risks.
The announcement of Sichuan Jinding (Group) Co., Ltd. disclosed the progress of the company's external guarantee in 2024. The maximum amount of guarantee approved by the board of directors and the general meeting of the Company is RMB650 million, of which the maximum amount of guarantee for the controlling subsidiaries with a gearing ratio of less than 70% is RMB300 million, and that for those with a gearing ratio of more than 70% is RMB350 million. As at the date of the announcement, the used guarantee amount was RMB77.857 million, and the remaining guarantee amount was RMB572.143 million. The relevant guarantees are within the scope of authorization.
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