The development course of Nanhai development co., ltd.

On May 1993 and February1day, with the approval of China Stock Exchange System Co., Ltd. in the document "Listing on Shenzhen Stock Exchange [1993] No.9", it was agreed that the company would raise 45 million corporate shares in a targeted manner. China Stock Exchange System Co., Ltd. was listed on the national electronic trading system1999165438+10. In October, Nanhai Water Supply Group Co., Ltd. (hereinafter referred to as the company) changed its business structure from trade-oriented to an enterprise focusing on tap water production and supply and road and bridge investment. On October 27th, 2000/KLOC-0, approved by China Securities Regulatory Commission "Jian Zheng Zheng Zi [2000] 159" and "Notice on Approving Nanhai Development Co., Ltd.' s Public Offering of Shares", the company made use of the trading system of Shanghai Stock Exchange, and issued 6,500 RMB ordinary shares to the public by means of directional placement and online pricing to the shareholders of the original net legal person shares. According to the China Securities Regulatory Commission 159 "Notice on Approving the Public Offering of Shares by Nanhai Development Co., Ltd." and the China Securities Regulatory Commission 1999. DocumentNo. 136 "Reply on liquidation plan, a listed enterprise in Guangdong Province" 3,069,600 internal employee shares and 64.35 million original legal person shares of the network system were listed and circulated on February 8, 2003 and February 26, 2003 respectively. In 2006, the first extraordinary shareholders' meeting and the shareholders' meeting related to the share-trading reform passed the share-trading reform plan of Nanhai Development Co., Ltd., and Foshan Nanhai Water Supply Group Co., Ltd., the only non-tradable shareholder of the company, made consideration arrangements by sending shares and cash to the tradable shareholders in order to obtain the circulation right of its shares. Among them, the stock consideration method is: based on the total share capital of the filing company of 208,565,438+04,200 shares and the tradable shares of 65,438+03,2465,438+09,700 shares, Foshan Nanhai Water Supply Group Co., Ltd. will send 65,438+to the tradable shareholders for every 65,438+00 shares. After the implementation of the 19 scheme in May 2006, the number of state-owned legal person shares decreased to 58,879,952, and the number of tradable shares increased to14,963,438+06.