Jingdong Fangke Technology Group Co., Ltd.
Announcement on the Repurchase of Part of the Company's Public Shares (A Shares)
This announcement is made by the company and its board of directors to ensure the authenticity, accuracy, and completeness of the information disclosed, without any false records, misleading statements, or major omissions.
Important Notice:
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Types and purposes of the repurchase: The repurchased shares will be A shares issued by the company. The shares will be used for the purpose of reducing the company's registered capital.
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The capital source for the repurchase: The company will use its own funds to conduct the repurchase. The total amount for the repurchase will not be less than RMB 500 million and not exceed RMB 1 billion.
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Repurchase price: Not exceeding RMB 6.00 per share.
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Repurchase quantity: Under the condition that the repurchase price does not exceed RMB 6.00 per share, the maximum number of shares to be repurchased is estimated to be no less than 16 million shares, accounting for 0.43% of the company's total shares. The estimated number of shares to be repurchased is no less than 8 million shares, accounting for 0.22% of the company's total shares.
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Repurchase period: The repurchase is proposed to be completed within 12 months from the date of the board meeting.
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Whether there is a reduction plan: Currently, the company has not received any significant events that may lead to a reduction plan. If the company proposes a reduction plan in the next six months, it will disclose relevant information in a timely manner.
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This repurchase plan requires the approval of the company's shareholders' meeting, and the company's shares must be held by shareholders who hold more than two-thirds of the voting rights.
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Related risks:
(1) This repurchase plan requires the approval of the shareholders' meeting, and there is a risk that the shareholders' meeting may not approve it.