Zhejiang Resources (600070): Progress Of Share Repurchase Company

Zhejiang Fu run Limited by Share Ltd's progress announcement on repurchase shares

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Zhejiang Fu run Limited by Share Ltd (hereinafter referred to as the "company") held the fifteenth meeting of the eighth board of directors in September 12, 2018, and held the third provisional shareholders' meeting in 2018 in October 16, 2018.

In October 30, 2018, the company disclosed on the Shanghai stock exchange website the repurchase report on the repurchase of shares by means of centralized bidding.

In October 31, 2018, the company implemented the first buyback.

According to the regulations, the progress of the repurchase is announced as follows:

In March 2019, the company accumulated a total of 30000 shares of repurchase shares through centralized bidding, accounting for 0.0057% of the total share capital of the company. The highest purchase price was 7.99 yuan / share, and the lowest price was 7.98 yuan / share. The amount paid was 239 thousand and 600 yuan (excluding stamp duty, commission and other paction costs).

As of March 29, 2019, the company had accumulated 15225386 shares of repurchase shares, accounting for 2.92% of the total share capital of the company. The highest purchase price was 7.99 yuan / share, and the lowest price was 5.97 yuan / share. The total payment amount has been paid 100 million 217 thousand and 900 yuan (excluding stamp duty, commission and other paction costs).

The above repurchase progress is in line with the established share repurchase scheme.

The company will strictly implement the share repurchase and fulfill the obligation of information disclosure in strict accordance with the provisions of the listed companies' repurchase of public shareholding Management (Trial), the supplementary provisions on the repurchase of shares by the listed companies in the centralized auction trading mode, and the implementation rules of the Shanghai Stock Exchange listed company's repurchase shares.

Notice hereby.

Zhejiang, Limited by Share Ltd, April 1st two year 19