China Home Appliances Network News February 2, TCL Group released the "Notice on the termination of shares of directors of the company's announcement, Mr. Bo Lianming, Director and President of the Company, Mr. Huang Xu Bin, Director and Chief Financial Officer, Based on the company's performance growth and transformational changes to enhance long-term value of confidence, decided to early termination Reduction of the company does not exceed 1.86 million shares plan.
According to the announcement, on March 23, 2017, TCL Group Co., Ltd. disclosed the "Preliminary Disclosure Notice on the Scheme of Reducing Shareholding of Directors of the Company" (Announcement No .: 2017-102) on the designated media for information disclosure: Mr. Liang Lianming, the director and president of the Company, Mr. Huang Xu Bin, Director and Chief Financial Officer, plans to reduce the shares of the Company by way of a centralized bidding transaction within 6 months after the announcement of the announcement (within the window period of not less than 15 days) within 15 trading days.
Today, TCL Group said in its announcement that recently the company received notice from Mr. Huang Xubin and Mr. Bo Lianming that it has decided to terminate the said plan of reduction earlier than expected based on its confidence in boosting the long-term value of the company's performance growth and transformational changes.
TCL Group said that as of the date of this announcement, the reduction plans were not implemented as of the date of this announcement, Mr. Bo Lianming holds a total of 4,058,801 shares of the company, accounting for 0.03% of the company's total share capital; Mr. Huang Xu Bin holds a total of 3,383,380 shares , Accounting for 0.025% of the total share capital of the company.
TCL Group said the reduction of these plans and the termination of stock reduction plans in line with the "Company Law", "Securities Law", "Shenzhen Stock Exchange Listing Rules" "shareholders of listed companies, Dong Jian Gao reduction of certain shares Provisions "and other relevant laws, regulations and normative documents, there is no violation of laws and regulations, and no impact on the corporate governance structure, shareholding structure and going concern.