China Chemical & Pharmaceutical : Update private placement area-It should be reported within two days from the date of the resolution of board of directors(private placement conversion )

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Provided by: CHINA CHEMICAL & PHARMACEUTICAL CO., LTD.
SEQ_NO	1	Date of announcement	2022/04/20	Time of announcement	16:22:52
Subject	Update private placement area-It should be reported within two days from the date of the resolution of board of directors(private placement conversion )
Date of events	2022/04/20	To which item it meets	paragraph 51
Statement	1.Date of occurrence of the event:2022/04/20 2.Company name:China Chemical Pharmaceutical Co., Ltd. 3.Relationship with the Company (please enter "the company itself" or "subsidiaries"):the company itself 4.Reciprocal shareholding percentage:N/A 5.Cause of occurrence:Amendment of the issuance conditions for private placement of domestic convertible corporate bonds including secured or unsecured convertible corporate bonds 6.Information items/ statements to be corrected:Private placement conditions and the rationality of private placement conditions 7.Amounts/ contents/ number of page to be corrected: (1) Private placement conditions: The issue price of privately placed convertible corporate bonds shall not be lower than 80% of the theoretical price. The theoretical price will be determined based on a pricing model that covers and takes into account the various rights contained in the issuance conditions. (2) The rationality of private placement conditions: The private placement price including the private placement convertible corporate bond conversion price will be determined in accordance with the laws and regulations of the competent authority, with reference to the above reference price or theoretical price, and considering the three-year transfer restriction of private placement securities under the Securities and Exchange Act, so the price is determined . it should be reasonable. 8.Amounts/ contents/ number of page after correction: (1) Private placement conditions: 1. Types of private equity shares: domestic convertible corporate bonds including secured or unsecured convertible corporate bonds. 2. Face value per bond: NT$100,000 or its multiples. 3. Issue period: not more than seven years from the issue date. 4. Coupon rate: tentatively set at 0% per annum. 5. The issue price of privately placed convertible corporate bonds shall not be lower than 80% of the theoretical price. The theoretical price will be determined based on a pricing model that covers and takes into account the various rights contained in the issuance conditions. The conversion price is calculated on the basis of the simple arithmetic average of the closing price of the common stock one, three or five business days before the pricing date, minus the ex-rights and dividends of the free allotment, and adding back the share price after capital reduction and anti-ex-rights, or 30 business days before the pricing date. The simple arithmetic average of the daily closing price of ordinary shares deducts the ex-rights and dividends of the free allotment, and adds back the share price after capital reduction and anti-ex-rights. (2) The rationality of private placement conditions: 1. The issue price of privately placed convertible corporate bonds shall not be lower than 80% of the theoretical price. The theoretical price will be determined based on a pricing model that covers and takes into account the various rights contained in the issuance conditions. The conversion price is calculated on the basis of the simple arithmetic average of the closing price of the common stock one, three or five business days before the pricing date, minus the ex-rights and dividends of the free allotment, and adding back the share price after capital reduction and anti-ex-rights, or 30 business days before the pricing date. The simple arithmetic average of the daily closing price of ordinary shares deducts the ex-rights and dividends of the free allotment, and adds back the share price after capital reduction and anti-ex-rights. 2. The private placement price including the private placement convertible corporate bond conversion price)will be determined in accordance with the laws and regulations of the competent authority, with reference to the above reference price or theoretical price, and considering the three-year transfer restriction of private placement securities under the Securities and Exchange Act, so the price is determined. should be reasonable. 9.Countermeasures: Upload to Public Information Observatory after update 10.Any other matters that need to be specified:none