I. Main contents of the announcement on judicial disposition of stocks
On August 27th, 20021year, Shanghai Financial Court will publicly dispose of stocks on the judicial assistance execution platform of Shanghai Stock Exchange (hereinafter referred to as "judicial execution platform"). The announcement is as follows:
1. Disposal target:135,300,095 shares of the company held by Hubei tongjitang Investment Holding Co., Ltd., stock abbreviation: *ST Tangji, stock nature: unrestricted tradable shares, stock code: 600090, accounting for 9.40% of the company's total share capital. This disposal may cause the initial unit price of the actual controller and major shareholder of Xinjiang tongjitang Health Industry Co., Ltd. to be 90% of the average closing price of the stock in the 20 trading days before August 27, 20021year, and the bidding that does not exceed the initial unit price is invalid.
2. Bidders shall meet the requirements of qualified investors corresponding to this stock disposal, abide by the relevant provisions on stock reduction of listed companies after the transaction, and fulfill their information disclosure obligations as required. Members of the stock exchange and investors who own or rent marketing units can log on to the judicial enforcement platform through the configured accounts or submit bidding declarations through the quotation channels designated by the stock exchange. Investors who are qualified to purchase new shares offline can log on to the judicial enforcement platform (website:/) through the configured account to make bidding declaration. Other bidders may entrust members of the stock exchange to submit bid declarations on their behalf.
3. The cumulative number of shares held by the bidder and the number of shares tendered by the bidder shall not exceed 30% of the issued shares of the listed company. If a bidder holds more than 30% of the shares of a listed company due to his participation in this bidding, it shall be handled in accordance with the relevant provisions of the Securities Law of People's Republic of China (PRC).
4. This disposal will be separated. The minimum declared number of each transaction is 65,438+03,000,000 shares, and the deposit corresponding to the minimum declared number is RMB 2 million. The amount of deposit paid by the bidder shall match the maximum number of bids submitted. The time of deposit payment is from August 6, 20265438 to August 24, 20265438 +05: 30. The deposit shall be paid by remittance, and the relevant information of the actual bidder (including the securities account number, the name of the securities account, the number to be bid, the contact person and contact information) shall be indicated in the remittance remarks column, which shall be confirmed by our institute. A bid that fails to pay the deposit or fails to pay the deposit in full is invalid.
After the bidding results are announced, the deposit paid by the buyer of the subject matter will be automatically converted into part of the transaction price. The subject matter deposit paid by the unsuccessful bidder shall be returned to the original payment account in full within five working days according to the original payment method. There is no interest on deposits.