Stock Code: 000418, 200418 Announcement No. 2019-65 Stock Name: Little Swan, Littleswan-B
Wuxi Little Swan Company Limited
Reminder for B-Shareholders to Handle Procedures Regarding Their Transfer Registration Restricted Accounts
Wuxi Little Swan Company Limited (hereinafter referred to as the “Company”) and its Board of Directors hereby guarantee that the information presented in this Announcement is factual, accurate and complete, without any misrepresentations, misleading statements or material omissions. The English version of this Announcement is for reference only.
Important notes:
1. This Announcement only involves those B-shareholders of the Company with transfer registration restricted accounts, which refer to: (1) the domestic investors who do not declare an A-share account before 30 May 2019; (2) the foreign investors who do not declare an A-share account (if any) before 30 May 2019; and (3) the foreign investors for non-domestic transaction who do not declare an A-share account (if any) before 30 May 2019 (together, the “Relevant Shareholders”).
2. This Announcement does not involve A-shareholders of the Company, or those B-shareholders who declare an A-share account before 30 May 2019.
The scheme on the stock-for-stock merger of Wuxi Little Swan Company Limited (hereinafter referred to as the “Company”) by Midea Group Co., Ltd. (hereinafter referred to as “Midea Group”) through the offering of A-shares has been reviewed and approved by the Second Extraordinary General Meeting of 2018 of the Company on 21 December 2018. On 12 March 2019, China Securities Regulatory Commission issued the Reply Z.J.X.K[2019] No. 352 to approve the scheme.
The Company will apply to the Shenzhen Stock Exchange for termination of listing. Once approved by the relevant regulators, the Company will start the conversion of its Littleswan-B (200418) and Little Swan (000418) shares to Midea Group shares (A-shares). In order to ensure that the B-share investors holding their shares to the last trading day and having their shares converted know about the procedures regarding the conversion of the Littleswan-B (200418) shares to the Midea Group shares (A-shares) (hereinafter referred to as the “B-to-A Conversion”), the B-share investors of the Company are hereby reminded to pay attention to the following matters:
For those B-shareholders of the Company who do not declare an A-share account before 30 May 2019, a transfer registration restricted account will be allocated to each of them by China Securities Depository and Clearing Corporation Limited (CSDC)
upon the application of Midea Group. And the converted Midea Group A-shares of the Relevant Shareholders will be registered in such accounts. After the allocation of such accounts, the Relevant Shareholders shall handle the following procedures before trading the shares in these accounts:
(1) For domestic investors, they shall confirm that the business department of the securities firm relating to the Littleswan-B shares has enabled the capital account relating to the Littleswan-B shares to be settled in RMB, and they shall go to the said business department to handle the third-party depository formalities with regard to the capital account in relation to the transfer registration restricted account.
(2) For foreign investors for domestic transaction, they shall confirm that the business department of the securities firm relating to the Littleswan-B shares has enabled the capital account relating to the Littleswan-B shares to be settled in RMB.
(3) For foreign investors for non-domestic transaction (with designated securities firms), they shall go to the designated securities firms to open a capital account in relation to the transfer registration restricted account.
(4) For foreign investors for non-domestic transaction (with no designated securities firms), they shall go to the Shennan Avenue Busienss Department of CITIC Securities Co., Ltd. to open a capital account in relation to the transfer registration restricted account.
Contact information relating to the consultation and business of CITIC Securities:
Contact person: Shennan Avenue Busienss Department of CITIC Securities Co., Ltd.
Address: Room 301A, Tower A, Xinian Center, No. 6021, Shennan Avenue, Futian District, Shenzhen
Tel.: 86-0755-83477942 (He Ying)
86-0755-83477944 (Luo Yixi)
86-0755-83477915 (Yang Zheng)
86-0755-83477941 (Shao Qicong)
Fax: 86-0755-83459951
Email:sndd@citics.com
With regard to the conversion of accounts and shares, different types of B-shareholders, the transfer registration restricted account, the declaration of the securities account and custody unit, etc., investors may carefully read The Operational Guidelines for Investors on the B-to-A-Stock Account Conversion with regard to the Stock-for-Stock Merger of Wuxi Little Swan Company Limited by Midea Group Co., Ltd. and the Related-Party Transaction (disclosed on 7 May 2019).
The Board of Directors
Wuxi Little Swan Company Limited 29 May 2019