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Announcement of Board resolution:Baseline date of the capital reduction for the first repurchased treasury share

2018-03-13 3062

1.Date of the board of directors resolution: March 8,2018

2.Reason for the capital reduction: Retirement of  the stock for the first repurchased treasury share.

3.Amount of the capital reduction: 72,000,000

4.Cancelled shares: 7,200,000

5.Capital reduction ratio: 6.06%

6.Share capital after the capital reduction: 1,116,175,190

7.Scheduled date of the shareholders' meeting: N/A.

8.Estimate listed common shares after the capital reduction: N/A.

9.The estimate ratio of listed shares to the company's issued 

  common shares, after the capital reduction: N/A.

10.Countermeasures of the lower circulation in shareholding, 

  if the aforesaid estimate listed common shares does not 

  reach 60 million shares and the ration does not reach 25% 

  after the capital reduction: N/A.

 11.Any other matters that need to be specified:

  Baseline date of the capital reduction: March 22,2018.


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