**Abstract**
Stock Code: 002282
Securities Abbreviation: Boshen Tools
Announcement No.: 2013-033
**Boshen Tools Co., Ltd. Announcement on Shareholders’ Pledged Repo Transactions**
Boshen Tools Co., Ltd. (hereinafter referred to as “the Companyâ€) and all members of the Board of Directors guarantee that the information disclosed is accurate, complete, and free from false records, misleading statements, or material omissions.
On March 21, 2013, the Company received a notice from Mr. Chen Huairong, the largest shareholder of the Company. In order to meet personal financing needs, Mr. Chen Huairong has pledged 18 million shares of the Company’s stock, representing 7.99% of the total issued share capital, to Shanghai Guotai Junan Securities Asset Management Co., Ltd. for a stock pledge repurchase transaction. The initial trading date for this agreement is November 20, 2013, with the repurchase date scheduled for November 19, 2014.
As of the date of this announcement, Mr. Chen Huairong holds a total of 36,031,760 shares, which represents 15.98% of the Company’s total share capital. Out of these, 18,000,000 shares have been pledged, accounting for 49.96% of his total holdings and 7.99% of the Company’s overall share capital.
This announcement is made in accordance with relevant regulations and aims to provide transparency regarding the shareholder's pledge activities. Investors are advised to carefully review the risks associated with such transactions.
**Special Announcement**
Boshen Tools Co., Ltd.
November 22, 2013
---
*Note: This document is intended for informational purposes only and does not constitute an offer or solicitation to buy or sell any securities.*
Stereo Microscope,Stereo Microscopes With Large Base,Zoom Stereo Microscopes,Binocular Stereo Microscopes
Ningbo Huaguang Precision Instrument Co., Ltd. , https://www.hgopt.com