The company's board of directors and all directors guarantee that there are no false records, misleading statements or Major omissions, and bear individual and joint responsibility for the authenticity, accuracy and completeness of its content.
Aeolus Tyre Co., Ltd. (hereinafter referred to as "the company") July 7, 2019, July 7, 2019. The twentieth meeting of the seventh session of the board of directors of the company and the second extraordinary general meeting of 2019 were held on March Examined and approved the "About Aeolus Tire Co., Ltd. Employee Stock
Ownership Plan (Draft)" and its summary Case”, “The Proposal on Asking the Shareholders’ General Meeting to Authorize the Board of Directors to Handle the Employee Stock Ownership Plan Related Issues” Resolution; convened the twenty-sixth meeting of the seventh board of directors on March 19, 2020 The Proposal for Implementing the Second Phase of Employee Stock Ownership Plan in the Company". For details, please refer to the company’s July 8, 2019 The relevant companies published on the website of the Shanghai Stock Exchange on July
24, 2019, and March 20, 2020 Report.
According to the "Guidance Opinions on the Pilot Implementation of Employee Stock Ownership Plan for Listed Companies" and "Shanghai The requirements of the “Guidelines for Information Disclosure of Employee Stock Ownership Plans of Listed Companies on the Shanghai Stock Exchange” The implementation progress of the employee stock ownership plan for the period is announced as follows: to the company
On April 14, 2020, the company received the "Transfer" issued by China Securities Depository and Clearing
Co., Ltd. "Registration Confirmation", the company repurchased 779,450 shares of the company's stock held in the
special securities account. From the non-trading transfer to the company's second employee stock ownership plan on
April 14, 2015, the company's employee stock ownership plan was transferred The price of repurchased shares is
5.0374 yuan/share. As of the date of this announcement, the company's second employee stock ownership plan
account Holds 779,450 shares of the company, accounting for 0.14% of the company's total share capital.
According to the relevant provisions of the "Employee Stock Ownership Plan of Fengshen Tire Co., Ltd."
The lock-up period of the target stocks obtained from the plan is 12 months, and the last share of the company’s
announcement will be transferred to the employee The shareholding plan is calculated from the date on which the
lock-up period is from April 15, 2020 to April 14, 2021.
Accordance with relevant laws
The company will continue to pay attention to the progress of the implementation of the company's second- phase employee stock ownership plan, and in The regulations stipulate that information disclosure obligations arefulfilled in a timely manner. Investors are advised to pay attention to investment risks.
Aeolus Tyre Co., Ltd. Board of Directors
April 15, 2020