Boshen: Announcement on stock pledged repo transactions

Abstract Stock code: 002282 Securities abbreviation: Boshen Tools Announcement No.: 2013-033 Boshen Tools Co., Ltd. Announcement on Shareholders' Pledged Repo Transactions by the Company and All Members of the Board of Directors
Stock code: 002282 Securities abbreviation: Boshen tool Announcement No.: 2013-033

Boshen Tools Co., Ltd. Announcement on Shareholders' Pledged Repo Transactions

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate and complete, and there are no false records, misleading statements or major omissions.

On March 21, 2013, Boshen Tools Co., Ltd. (hereinafter referred to as “the company”) received a notice from Mr. Chen Huairong, the company's largest shareholder. Mr. Chen Huairong will hold 18 million shares of the company's shares due to personal financing needs. (accounting for 7.99% of the company's total share capital) and Shanghai Guotai Junan Securities Asset Management Co., Ltd. to conduct stock pledged repo transactions, the initial trading day is November 20, 2013, and the repurchase transaction date is November 19, 2014.

As of the date of this announcement, Mr. Chen Huairong holds 36,031,760 shares of the company, accounting for 15.98% of the company's total share capital; of which 18,000,000 shares were pledged by the stock, accounting for 49.96% of the total number of shares held by the company, accounting for the company's total share capital. 7.99%.

Special announcement

Boshen Tools Co., Ltd.

November 22, 2013

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