Stock Code: 600383

Stock Short Name: Gemdale Announcement No.: 2021-072

Gemdale Corporation

The Science of Living

Indicative Announcement on the Change in the Equity Interest of Shareholders

Holding More Than 5% of Shares

The board of directors (the "Board") of the Company and all directors warrant that there are no false representations, misleading statements or material omissions in this announcement, and jointly and severally accept responsibility for the truthfulness, accuracy and completeness of the content herein contained.

Important notice:

From 15 December 2021 until now, Dajia Life Insurance Co., Ltd., being the information disclosure obligator, has reduced its shareholding in the Company by a total of 5%; after the change of equity interest, its shareholding in the Company has decreased to 5.43%.

The above change in equity interests is a reduction of shareholding, which fails to trigger a tender offer or result in the change of control over the Company.

On 23 December 2021, Gemdale Corporation (hereinafter referred to as " Gemdale" or the "Company") received the "Letter of Notification on Changes in the Shares of Gemdale Corporation" and "Report on Changes in Equity Interest of Gemdale Corporation in Simplified Form" from the shareholder of the Company, Dajia Life Insurance Co., Ltd. (hereinafter referred to as " Dajia Life" or the " Information Disclosure Obligator ").

As of 14 December 2021, Dajia Life held 470,880,525 ordinary shares of the

Company, representing 10.43% of the Company's total share capital.

From 15 December 2021 to 23 December 2021, Dajia Life transferred 69,129,200 shares by way of call auction, representing 1.53% of the total share capital of the Company; transferred 156,600,000 shares by way of block trades, representing 3.47% of the total share capital of the Company. The total number of shares of the Company held by Dajia Life has been reduced by 225,729,200 shares, representing 5.00% of the total share capital of the Company.

Details of the above changes in equity interest are as follows:

I. BASIC INFORMATION OF THE CHANGE IN EQUITY INTERESTS

  1. Basic information of the Information Disclosure Obligator Company name: Dajia Life Insurance Co., Ltd.
    Legal representative: He Xiaofeng
    Unified Social Credit Code: 91110000556828452N

Registered Capital: RMB30,790 million

Nature of enterprise: Other joint stock companies (unlisted)

Registered Address: Room No. 1002, 10th Floor, 6 Jianguomenwai Avenue, Chaoyang District, Beijing

Business scope: life insurance, health insurance, accident insurance and other types of life insurance business; reinsurance business of the above business; insurance capital application business allowed by national laws and regulations; other businesses approved by China Securities Regulatory Commission.

(2) Basic information of the above change in equity interests

Date of change

Change

Type of shares

Number

of

Proportion

method

reduced shares

of

share

reduction

From

15

Call auction

ordinary shares

69,129,200

1.78%

December 2021

to 23

December

Block trades

ordinary shares

156,600,000

3.47%

2021

Total

225,729,200

5.00%

Before and after the change in equity interests, the changes in the equity interests of the Company owned by the Information Disclosure Obligator are as follows:

Shareholding

before

the

Shareholding

after

the

change in equity interests

change in equity interests

Name

Nature

of

As

a

As

a

percentage

shares

Number of

Number of

percentage of

of the total

shares

shares

the

total

share

share capital

capital

Total

number

470,880,525

10.43%

245,151,325

5.43%

of shares held

Dajia Life

Including:

Insurance

shares

not

Co., Ltd.

subject

to

470,880,525

10.43%

245,151,325

5.43%

selling

restrictions

II. Subsequent matters involved

  1. None of the above changes in equity interests involved a change in the control of the Company.
  1. The Information Disclosure Obligator has formulated the Report on Changes in Equity Interests in Simplified Form. For details, please refer to the "Report on Changes in Equity Interest of Gemdale Corporation in Simplified Form" disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

It is hereby announced.

Board of Directors of Gemdale Corporation

24 December 2021

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Gemdale Corporation published this content on 24 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 December 2021 07:16:05 UTC.