Luster(SH:688400) Shang Hai Zheng Quan Bao·2026-02-02 20:02Group 1 - The company held its 26th meeting of the second board on February 2, 2026, with all 9 directors present, and the meeting was deemed legally valid [2][5] - The board approved a resolution to change the purpose of repurchased shares from "for employee stock ownership plan or equity incentives" to "for cancellation and corresponding reduction of registered capital" [3][11] - After the cancellation of 3,480,750 shares, the total share capital will decrease from 460,976,733 shares to 457,495,983 shares, and the registered capital will reduce from 460,976,733.00 yuan to 457,495,983.00 yuan [10][12] Group 2 - The board agreed to convene a shareholders' meeting to discuss and vote on the relevant matters [6][7] - The repurchase of 3,480,750 shares was completed on August 12, 2024, at a total cost of 59,992,936.01 yuan, accounting for 0.7510% of the company's total share capital [11][12] - The decision to cancel shares aims to enhance investor confidence and increase earnings per share, thereby improving shareholder returns [12][15] Group 3 - The company believes that the cancellation of shares will not significantly impact its financial status or operational results, and it will maintain compliance with relevant laws and regulations [15][16] - The board's decision is intended to protect investor interests and will not harm the rights of minority shareholders [15][16] - The company will proceed with the necessary registration changes and amendments to its articles of association following shareholder approval [13][16]