济南恒誉环保科技股份有限公司关于实施回购股份注销暨股份变动的公告

Core Viewpoint - The company, Jinan Hengyu Environmental Technology Co., Ltd., is set to cancel 609,464 shares, which is 0.76% of its total share capital, as part of a share repurchase plan, reducing its total share capital from 80,010,733 shares to 79,401,269 shares [1][4]. Summary by Sections Share Repurchase and Cancellation - The company will cancel 609,464 shares from its repurchase account, which represents 0.76% of the total share capital before cancellation [1]. - The cancellation date for the repurchased shares is December 2, 2025 [1]. Approval Process - The company held board and supervisory meetings on September 26, 2025, and a temporary shareholders' meeting on October 14, 2025, to approve the change in the purpose of the repurchased shares from employee stock ownership plans to cancellation and capital reduction [2]. Cancellation Procedure - The company has submitted the application for share cancellation to the Shanghai Stock Exchange and will complete the necessary business registration changes following the cancellation on December 2, 2025 [4]. Impact on Capital Structure - After the cancellation, the company's total share capital will decrease from 80,010,733 shares to 79,401,269 shares, with the specific changes to the capital structure to be confirmed by the China Securities Depository and Clearing Corporation [4]. Financial Implications - The cancellation of shares is intended to enhance investor confidence and increase earnings per share, thereby improving shareholder returns without affecting the company's debt repayment ability or overall financial health [4].