Three directors of Sunshine City reduced their holdings by 654.38+0,765.438+million shares, and the proceeds are intended to be lent to the company for debt repayment without interest-

On March 29th, Sunshine City (00067 1. SZ) Announcement on the reduction of shares by directors of the company through block transactions.

According to the announcement, He Mei, Lin and Liao Jianfeng, directors of the company, recently reduced their holdings of 65,438+0,765,438+005,000 shares of unrestricted shares in Sunshine City through the commodity trading system of Shenzhen Stock Exchange, accounting for 0.465,438+0% of the total share capital of Sunshine City. The funds obtained from this reduction are intended to be used to provide interest-free loans to the company for daily production and operation, project delivery and debt repayment.

According to the information, He Mei is the chairman of Sunshine Holdings Limited.

After this reduction, He Mei holds 25,389,438+0,000 shares, accounting for 0.6438+0% of the total share capital; Lin holds 14343800 shares, accounting for 0.35% of the total share capital; Liao Jianfeng holds171/kloc-0.5 million shares, accounting for 0.4 1% of the total share capital.

In addition, He Mei, Lin and Liao Jianfeng promised that during their tenure as directors and senior managers of the company, the shares transferred each year would not exceed 25% of the total shares held by themselves.

On the same day, Sunshine City also announced the progress of Taikang Life Insurance Co., Ltd.' s reduction of more than half of its shares and its reduction plan.

According to the announcement, as of March 28th, Taikang Life Insurance reduced its holdings of 87,903,800 shares of unrestricted shares in Sunshine City through block trading and centralized bidding, accounting for 2. 12% of the total share capital of Sunshine City, which has exceeded half of the planned reduction. Taikang Life Insurance held 16520 1300 shares before the reduction, accounting for 3.99% of the total share capital; After the reduction, it holds 77,297,500 shares, accounting for 1.87% of the total share capital.

The night before yesterday, Sunshine City announced that due to the superposition of macroeconomic environment, industry environment and financing environment, liquidity was tense in stages. Our company failed to pay the principal and interest of overseas bonds "Sun Shi 5.3011/22" (bond code: XS228 13496 18+08) and "Sun Shi10. 57856) and in addition, the principal and interest of the bond "19 Sunshine City PPN00 1" shall be paid on March 22, 2022. As of the redemption date, the company failed to raise the full repayment funds as agreed, and the targeted debt financing instruments in this period could not repay the principal and interest on schedule. At the same time, the company will terminate the third employee stock ownership plan.

After the news was released, the share price of Sunshine City plummeted on March 29th. After the opening in the morning, the share price of Sunshine City fell all the way, and it was at the limit for most of the time.

As of the close of March 29th, Sunshine City reported 3.83 yuan/share, a decrease of 9.88%.

Proofreading: Ding Xiao