Core Viewpoint - The company plans to change the purpose of repurchasing 9,106,900 shares, which were bought back on August 29, 2023, to "cancel and reduce the company's registered capital" [1] Group 1: Share Repurchase and Capital Reduction - The number of shares to be canceled is 9,771,900, accounting for 2.06% of the company's current total share capital [1] - After the cancellation, the total share capital will decrease from 475 million shares to 465 million shares [1] - This move aims to actively maintain the company's market value and enhance shareholder returns [1] Group 2: Financial Impact - The change in the purpose of the repurchased shares and the cancellation will not have a significant impact on the company's financial condition, operating results, or future development [1] - There will be no change in the controlling shareholder or actual controller of the company as a result of this action [1]

Group 1 - The company announced the cancellation of 103 million A-shares repurchased under the 2021 A-share repurchase plan, which will reduce its registered capital and amend the Articles of Association [1] - The company has completed the creditor notification process as required by laws and regulations, and no creditors have requested debt repayment or provided guarantees during the claim period [1] - The company has received approval from the National Financial Supervision Administration for the change in registered capital and submitted the relevant application to the Shanghai Stock Exchange, with the cancellation expected to be completed by September 3, 2025 [1] Group 2 - Following the cancellation, the total share capital will decrease from 18.21 billion shares to 18.11 billion shares, consisting of 10.66 billion A-shares and 7.448 billion H-shares [1]

Core Viewpoint - Tianqi Lithium Industries, Inc. has decided to change the purpose of part of its repurchased shares from an employee stock incentive plan to cancellation and reduction of registered capital, aiming to optimize its capital structure and protect shareholder interests [1][5][6] Group 1: Share Repurchase Implementation - The company approved a share repurchase plan using its own funds, with a maximum repurchase price of RMB 150 per share and a total repurchase amount between RMB 136 million and RMB 200 million [1][2] - The repurchase was completed at an average price of RMB 112.33 per share, totaling approximately RMB 199.985 million [1][2] Group 2: Change of Purpose for Repurchased Shares - The company plans to change the use of 26,600 shares from the original purpose of an A-share incentive plan to cancellation and reduction of registered capital [3][5] - This decision aligns with the regulations that require unused repurchased shares to be canceled if not utilized within three years [3][5] Group 3: Impact of the Change - The change in the purpose of repurchased shares is expected to have no significant impact on the company's financials, operations, or control structure, and the share distribution will still meet listing requirements [5][6] - The supervisory board has reviewed and agreed that the change complies with relevant regulations and does not harm the interests of the company or its shareholders [5][6] Group 4: Next Steps - The change in the purpose of repurchased shares requires approval from the shareholders' meeting and subsequent procedures with the Shenzhen Stock Exchange and relevant authorities for share cancellation [6]

Core Viewpoint - The company has decided to change the purpose of its share repurchase from employee stock ownership plans to cancellation and reduction of registered capital [1] Group 1 - The company will repurchase 1.0918 million shares, changing the purpose from potential employee stock ownership or equity incentives to cancellation [1] - After the cancellation, the total share capital will decrease from 101 million shares to 100 million shares [1] - The registered capital will be reduced from RMB 101 million to RMB 100 million following the cancellation [1] - This proposal will be submitted for approval at the company's first extraordinary general meeting in 2025 [1]

Core Viewpoint - The company announced the cancellation of repurchased shares and a corresponding reduction in registered capital to enhance investor confidence and comply with regulatory requirements [1][2]. Group 1: Share Repurchase and Capital Reduction - On June 23, 2025, the company held its 2024 annual general meeting, where it approved the proposal to cancel repurchased shares and reduce registered capital [1]. - The company plans to cancel a total of 7,885,396 shares from its repurchase account, which will lead to a reduction in registered capital from 584,490,586 yuan to 576,605,190 yuan [2]. Group 2: Creditor Notification and Claims - Following the capital reduction, the company is required to notify creditors, who have 30 days from receiving the notice to claim their debts or provide guarantees [2]. - Creditors who do not receive notification have 45 days from the announcement date to assert their claims, and the company will continue to fulfill its obligations as per the original debt documents [2]. Group 3: Claim Submission Process - The claim submission period is from August 28, 2025, to October 11, 2025, during working hours [3]. - Creditors must provide specific documentation depending on whether they are legal entities or individuals when submitting their claims [3].

Core Points - The company has not distributed cash dividends or bonus shares during the reporting period [3] - The company has implemented a share repurchase plan, buying back 8,414,980 shares, which is 0.57% of the total share capital, with a total transaction amount of approximately RMB 30 million [5] - The company completed the cancellation of 80,115,300 shares from the previous year's repurchase, reducing the total share capital from 1,483,934,025 shares to 1,403,818,725 shares [6] Company Overview - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [5] - The company is involved in a city renewal project called "Hualian A District," covering an area of 84,818 square meters, with a planned residential area of 255,872 square meters, including 141,280 square meters of affordable housing [4] Board Meeting - The company's board of directors held its second meeting of the twelfth session on August 25, 2025, with all seven directors present [8] - The board approved the 2025 semi-annual report and several governance-related proposals, including the establishment of a management system for departing directors and senior management [12][13][15]

Core Viewpoint - Shanghai Shengjian Technology Co., Ltd. will cancel 509,000 repurchased shares, which accounts for a portion of the company's total share capital, to enhance shareholder value and maintain investor confidence [1][3][7] Summary by Sections Decision and Disclosure - The decision to cancel the repurchased shares was approved during the board meeting on June 24, 2025, and the second extraordinary general meeting of shareholders on July 10, 2025 [1] - The remaining repurchased shares from 2022 will be used for cancellation and reduction of registered capital instead of the previously intended employee stock ownership plan [1][2] Cancellation Details - A total of 509,000 shares will be canceled, which were stored in the repurchase special securities account (Account No.: B884893488) [3] - The cancellation is scheduled for August 26, 2025, and the company will proceed with the necessary business registration changes [3] Capital Structure Changes - Before the cancellation, the total number of shares was 149,074,060, and after the cancellation, it will be reduced to 148,565,060 [4][5] - The proportion of unrestricted shares remains at 100%, while the shares in the repurchase special securities account will decrease from 1,714,900 (1.15%) to 1,205,900 (0.81%) [4][5] Shareholder Equity Changes - The cancellation will slightly increase the ownership percentage of the major shareholders, with Zhang Weiming's share rising from 59.95% to 60.16% [6] - The total ownership percentage of the major shareholders will increase from 63.43% to 63.65% after the cancellation [6] Impact on Company - The cancellation of shares will not significantly affect the company's financial status or operational results, nor will it change the controlling shareholder or actual controller [7]

Core Viewpoint - The company plans to cancel a total of 202,230 shares repurchased in 2022, which accounts for 0.37% of the total share capital [1] Group 1 - The plan has been approved by the board of directors and the supervisory board, pending approval from the shareholders' meeting [1] - The repurchased shares were initially intended for employee stock incentive plans, but due to the expiration of the retention period, the purpose has been changed to cancellation and reduction of registered capital [1] - This action is not expected to have a substantial impact on the company's financial condition and operating results [1]

Core Viewpoint - The company plans to cancel 1,255,715 repurchased shares and reduce its registered capital, which requires approval from the shareholders' meeting [1][2]. Group 1: Share Repurchase Overview - The company initiated a share repurchase plan on March 18, 2022, with a total fund allocation between RMB 100 million and RMB 200 million, aimed at employee stock ownership and incentive plans [1][2]. - As of March 1, 2023, the company has repurchased a total of 1,255,715 shares, representing approximately 0.30% of the total share capital, with a maximum price of RMB 114.29 per share and a minimum price of RMB 80.76 per share [2]. Group 2: Reasons for Share Cancellation and Future Arrangements - The cancellation of repurchased shares is due to the expiration of the holding period, and the company currently has no plans to use these shares for employee incentives or stock ownership [2]. - The board's decision to cancel the shares requires further approval from the shareholders' meeting, which will also authorize management to handle the necessary procedures [2]. Group 3: Changes in Total Share Capital - Following the cancellation, the total share capital will decrease from 421,881,556 shares to 420,625,841 shares, with the proportion of locked shares slightly increasing from 34.04% to 34.14% [3]. Group 4: Impact of Share Cancellation - The cancellation of shares complies with relevant laws and regulations and is not expected to significantly impact the company's debt obligations, ongoing operations, or shareholder equity [4].

Group 1 - The company approved a share repurchase plan to buy back shares using between RMB 3 million and RMB 5 million, with a maximum price of RMB 27.72 per share [2] - The repurchase period was set from July 18, 2025, to August 15, 2025, and all repurchased shares will be canceled, reducing the company's registered capital [2] - The company completed the repurchase of 171,600 shares, representing 0.17% of the total share capital, with a total expenditure of RMB 394.88 million [3] Group 2 - The highest repurchase price was RMB 23.34 per share, and the lowest was RMB 22.77 per share [3] - The implementation of the repurchase plan will not significantly impact the company's daily operations, financial status, profitability, or future development [3] - The company confirmed that there were no stock trading activities by major stakeholders during the repurchase announcement period [4] Group 3 - The repurchased shares will be used for cancellation, and the company has followed legal procedures to notify creditors [5] - The deadline for creditors to claim their rights has not yet expired, and the company will continue to accept claims within the legal timeframe [6] - The cancellation of the repurchased shares is scheduled for August 18, 2025, and the company will handle the necessary registration changes [6]