Senior(SZ:300568) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-22 23:38Core Viewpoint - Shenzhen Xingyuan Material Technology Co., Ltd. has completed the cancellation of repurchased shares, which will not materially affect the company's financial status or operational performance [9]. Group 1: Share Repurchase Details - The company has canceled a total of 2,413,500 shares, accounting for 0.1790% of the total share capital before cancellation [2][7]. - The total number of shares after cancellation has changed from 1,348,124,139 shares to 1,345,710,639 shares [2][7]. - The repurchase was approved by the board on October 14, 2022, with a total fund of no less than RMB 50 million and no more than RMB 100 million, at a price not exceeding RMB 25 per share [3]. Group 2: Repurchase Process - The company initiated the share repurchase on October 28, 2022, and disclosed the progress through various announcements [4]. - As of January 13, 2023, the company had repurchased 2,413,500 shares at an average price of RMB 21.03 per share, totaling RMB 50,764,477 [5]. Group 3: Cancellation Process - The cancellation of repurchased shares was approved in meetings held on December 26, 2025, and January 12, 2026 [6]. - The cancellation was confirmed by the China Securities Depository and Clearing Corporation Limited on January 21, 2026 [7]. Group 4: Impact on Company - The cancellation of repurchased shares complies with relevant laws and regulations and will not harm the interests of the company or minority investors [9]. - The shareholding structure remains unchanged, ensuring that the company continues to meet listing requirements [9]. Group 5: Future Arrangements - Following the cancellation, the company will proceed with necessary registrations and amendments to its articles of association as per legal requirements [10].