Haier Smart Home Co., Ltd.

  • WKN: A2JM2W
  • ISIN: CNE1000031C1
  • Land: China

Nachricht vom 01.11.2021 | 12:38

Announcement on the Progress of the A-Share Repurchase through Centralized Bidding Transactions

Haier Smart Home Co.,Ltd. / Third country release according to Article 50 Para. 1, No. 2 of the WpHG [the German Securities Trading Act]
01.11.2021 / 12:38
Dissemination of a Post-admission Duties announcement according to Article 50 Para. 1, No. 2 WpHG transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Third country release according to Article 50 Para. 1, No. 2 of the WpHG

Announcement on the Progress of the A-Share Repurchase through Centralized Bidding Transactions

Qingdao / Shanghai / Frankfurt / Hongkong, 1 November 2021 - Haier Smart Home Co., Ltd. (the "Company" or "Haier Smart Home", D-share 690D.DE, A-share 600690.SH, H-share 06690.HK) did not carry out repurchase in the month of October 2021. As of the end of October 2021, the Company has repurchased a total of 71,838,966 A-shares since the implementation of the repurchase scheme, accounting for 0.76% of the total share capital of the Company, with the highest purchase price of RMB 32.80 per share and the lowest price of RMB 24.89 per share and the amount paid was RMB 1,994,364,263.42.

I. General information of the A-share repurchases

Haier Smart Home Co., Ltd. held the 16th meeting of the tenth session of the board of directors on 5 March 2021, at which the Proposal on the Scheme of Repurchase of a Portion of A-share Public Shares of Haier Smart Home Co., Ltd. was reviewed and approved. It is agreed that the Company may repurchase a portion of its A-shares through centralized bidding transactions with its own funds, providing that the repurchase price is no more than RMB 46/share and the total amount of funds used for repurchase is no more than RMB 4 billion and no less than RMB 2 billion, the number of repurchased shares shall not exceed 86.96 million shares. The implementation period for repurchase falls in the 12 months from the date when the share repurchase scheme is adopted by the board of directors.

II. Details of the implementation of A-share repurchases

In accordance with the relevant provisions of laws, regulations and regulatory documents including the Detailed Rules of the Shanghai Stock Exchange on Implementation of Repurchase of Shares by Listed Companies, the Company's progress of share repurchase is hereby announced as follows:

In the month of October 2021, the company did not carry out repurchase. As of the end of October 2021, the Company has repurchased a total of 71,838,966 A-shares since the implementation of the repurchase scheme, accounting for 0.76% of the total share capital of the Company, with the highest purchase price of RMB 32.80 per share and the lowest price of RMB 24.89 per share and the amount paid was RMB 1,994,364,263.42.

The repurchase complies with relevant laws and regulations and is in line with the Company's established repurchase scheme.

III. Other matters

The Company will strictly follow the Detailed Rules of the Shanghai Stock Exchange on Implementation of Repurchase of Shares by Listed Companies and other relevant regulations and its share repurchase scheme to make repurchase decisions is based on market conditions and implement within the repurchase period. The Company shall perform information disclosure obligations in a timely manner according to the progress of the share repurchase. Investors are advised to pay attention to investment risks.

Note: This Announcement has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese version shall prevail.

IR Contact:
Haier Smart Home Hong Kong
T: +852 2169 0000
Email: ir@haier.hk

Press Contact:
CROSS ALLIANCE communication GmbH
Sven Pauly
Sara Pinto
sp@crossalliance.de
T: +49 (0) 89 1250903 35

About Haier Smart Home Co., Ltd.:
Haier is one of the world's leading manufacturers of household appliances with a focus on smart home solutions and customized mass production. Haier Smart Home Co., Ltd. develops, produces and distributes a wide range of household appliances. These include refrigerators, freezers, washing machines, air conditioners, water heaters, kitchen appliances as well as smaller household appliances and an extensive range of intelligent household appliances. The Company distributes its products through leading household brands such as Haier, Casarte, Leader, Candy, GE Appliances, AQUA and Fisher & Paykel. Haier Smart Home Co., Ltd. has launched Smart Home Experiential Cloud, which connects homes, users, enterprises and ecosystem partners, and facilitates the integration of Haier's online, offline and micro-store businesses and supports user interaction to further optimize the user experience.



01.11.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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