明阳电路：关于部分限制性股票回购注销完成暨调整可转债转股价格的公告

Summary of Key Points Core Viewpoint - Mingyang Circuit announced the repurchase and cancellation of restricted stocks, impacting its total share capital and stock conversion price adjustments [2] Group 1: Stock Repurchase Details - The total number of restricted stocks repurchased and canceled is 1,109,700 shares, which accounts for 0.3064% of the company's total share capital of 362,129,111 shares as of October 30, 2025 [2] - The repurchase involved 52 incentive recipients, with a total repurchase fund of 7,427,403.90 yuan sourced from the company's own funds [2] - The completion of the repurchase and cancellation has reduced the company's total shares from 362,129,111 to 361,019,411 shares [2] Group 2: Stock Conversion Price Adjustment - Following the repurchase, the conversion price of "Mingdian Transfer 02" has been adjusted from 11.74 yuan per share to 11.76 yuan per share [2] - The effective date for this conversion price adjustment is November 4, 2025 [2]