欣贺股份: 关于变更部分回购股份用途并注销的公告

Core Viewpoint - The company has decided to change the purpose of repurchased shares from "for employee stock ownership plan or equity incentives" to "for cancellation and reduction of registered capital" to enhance long-term investment value and increase earnings per share [1][2]. Summary by Sections 1. Share Repurchase Basic Information - The company approved a share repurchase plan on March 4, 2022, allowing the use of self-owned funds to repurchase shares through centralized bidding, initially intended for employee stock ownership or equity incentives [1]. - As of September 15, 2022, the company completed the repurchase of 10 million shares, accounting for 2.31% of the total share capital at that time [1]. 2. Share Repurchase Usage Status - The company completed the transfer of shares for the 2024 employee stock ownership plan on June 18, 2025, with a remaining 8 million shares in the repurchase account [2]. 3. Reasons and Content for Changing the Purpose of Repurchased Shares - The change in purpose is in accordance with relevant laws and regulations, aiming to enhance long-term investment value and increase earnings per share, as the repurchase account's duration is nearing its three-year limit [2]. 4. Changes in Share Structure Post-Cancellation - Following the cancellation of 8 million repurchased shares, the total share capital will decrease from 428,521,612 shares to 420,521,612 shares [4]. - The share structure will reflect an increase in the proportion of limited sale condition shares and a slight decrease in the proportion of unrestricted shares [4]. 5. Impact of Share Cancellation and Future Arrangements - The cancellation of shares is expected to improve earnings per share and enhance shareholder returns without adversely affecting the company's financial, operational, or debt obligations [4][5]. - The company will apply for share cancellation procedures and related changes in registered capital as per legal requirements [5]. 6. Supervisory Board Opinion - The supervisory board has reviewed the changes and confirmed that they comply with legal regulations and do not harm the interests of the company or minority shareholders [5].