Sichuan Harmony and Win-Win Co., Ltd.
Announcement on the Plan for Repurchasing Company Shares via Centralized Bidding and Repurchase Report
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Key Information Highlights:
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Sichuan Harmony and Win-Win Co., Ltd. (hereinafter referred to as the "Company," "Listed Company," or "this Company") plans to use its own funds to repurchase a portion of the Company's issued RMB ordinary shares (A shares) through centralized bidding. This repurchase is necessary to maintain the Company's value and shareholder equity. The total repurchase amount will be no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive), with a repurchase price not exceeding RMB 36 per share (inclusive). The upper limit of the repurchase price will not exceed 150% of the average trading price of the Company's shares in the 30 trading days prior to the Board of Directors' resolution on the repurchase. Based on the upper limit of the repurchase amount of RMB 100 million and the upper limit of the repurchase price of RMB 36 per share, the estimated number of shares to be repurchased is approximately 2.7778 million shares, accounting for about 0.36% of the Company's current total share capital. Based on the lower limit of the repurchase amount of RMB 50 million and the upper limit of the repurchase price of RMB 36 per share, the estimated number of shares to be repurchased is approximately 1.3889 million shares, accounting for about 0.18% of the Company's current total share capital. The actual total repurchase amount and the number of shares repurchased will be subject to the actual funds used and the number of shares repurchased upon completion of the repurchase. The repurchase period is from September 1, 2026, to November 6, 2026, which does not exceed three months from the date the Board of Directors approved the repurchase plan.
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Share Reduction Plans of Related Shareholders
(1) China CITIC Financial Asset Management Co., Ltd., a shareholder holding more than 5% of the Company's shares, plans to reduce its holdings of the Company's shares by no more than 9,465,200 shares (including the principal amount) through centralized bidding and block trading from June 3, 2026, to August 31, 2026.
For the relevant share reduction plan, please refer to the "Pre-disclosure Announcement on Share Reduction by Shareholder Holding More Than 5% of Shares" (Announcement No.: 2026-15) disclosed by the Company on the CNINFO website (http://www.cninfo.com.cn/) on May 13, 2026.
(2) In addition to the aforementioned share reduction plan, as of the date of this Board of Directors' resolution, the actual controller, controlling shareholder, and shareholders holding more than 5% of shares and their concerted actors have no clear share reduction plans. If they plan to implement share reduction plans in the future, the Company will fulfill its information disclosure obligations in a timely manner in accordance with relevant regulations.
- The Company has opened a dedicated securities account for repurchases with China Securities Depository and Clearing Corporation Limited Shenzhen Branch.