江苏富淼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 - Jiangsu Fumiao Technology Co., Ltd. has announced the cancellation of 203,173 repurchased shares, which will reduce the total share capital from 143,447,801 shares to 143,244,628 shares, representing a decrease of 0.14% [2][10]. Group 1: Share Repurchase and Cancellation Details - The cancellation of the repurchased shares is scheduled for February 25, 2026 [3][9]. - The company initially approved a share repurchase plan on February 14, 2022, allowing for the repurchase of shares at a price not exceeding RMB 25.00 per share, with a total fund allocation between RMB 50 million and RMB 100 million [4][5]. - By December 2, 2022, the company had repurchased a total of 3,500,173 shares, accounting for 2.87% of the total shares at that time, with an average repurchase price of approximately RMB 18.43 per share [4]. Group 2: Usage and Adjustment of Repurchased Shares - The company had initially planned to use the repurchased shares for employee stock ownership plans or equity incentives, but later adjusted the purpose to cancellation and reduction of registered capital [3][8]. - As of January 10, 2023, 2,529,000 shares were transferred to the employee stock ownership plan at a price of RMB 9.22 per share, with an additional 768,000 shares transferred at RMB 9.77 per share on January 25, 2024 [6][7]. Group 3: Approval and Legal Compliance - The decision to cancel the shares was approved during the sixth board meeting and the second extraordinary general meeting of shareholders held on December 31, 2025 [3][8]. - The company has complied with legal requirements by notifying creditors and has not received any requests for early debt repayment [9]. Group 4: Impact of Cancellation - The cancellation of shares is expected to enhance earnings per share and improve shareholder returns without significantly affecting the company's financial status or operational capabilities [12].