Today's Information

Provided by: CONCORD INTERNATIONAL SECURITIES CO., LTD
SEQ_NO 2 Date of announcement 2022/03/15 Time of announcement 21:25:20
Subject
 The Board of Directors resolved to issue new
shares by capital increase by earnings.
Date of events 2022/03/15 To which item it meets paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/15
2.Source of capital increase funds:capital increase
 by earnings
3.Whether to adopt shelf registration
  (Yes, please state issuance period/No):No
4.Total monetary value of the issuance and number of shares issued (shares
 issued not including those distributed to employees if consisting in
 capital increase from earnings or capital surplus):
 The total amount is 151,043,900 yuan, and the total number
 of shares is 15,104,390 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:not applicable
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:not applicable
7.Par value per share:10
8.Issue price:not applicable
9.Number of shares subscribed for by or allocated to employees:
 not applicable
10.Number of shares publicly sold:not applicable
11.Ratio of shares subscribed by or allotted as stock
dividends to existing shareholders:60
12.Handling method for fractional shares and shares
unsubscripted for by the deadline:If the allotment of odd
 shares is less than one share, the shareholders may make
 up one whole share by themselves, and if the odd share is
 less than one whole share, since the company issues
 non-physically issued shares in accordance with the law,
 the amount of the odd share shall be used to offset the
 allocation fee, and the remaining shares shall be paid by
 the directors of the company. Changqia invites a specific
 person to purchase at face value.
13.Rights and obligations of these newly issued shares:
 The new shares issued this time are registered ordinary
 shares with the same rights and obligations as the original
 shares.
14.Utilization of the funds from the capital increase:
 Replenish working capital
15.Any other matters that need to be specified:In the
 event of a change in the allotment rate due to
 changes in the company's issued ordinary shares,
 the chairman is authorized to adjust the allotment
 rate according to the actual number of shares issued
 on the base day for allotment of new shares.

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Concord International Securities Co. Ltd. published this content on 15 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 13:41:02 UTC.