Securities Code: 001255 Securities Abbreviation: Bofei Electric Announcement No.: 2026-027
Zhejiang Bofei Electric Co., Ltd.
Announcement on the Completion of Repurchase and Cancellation of Part of the Restricted Stock
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Important Content Reminder:
- The number of restricted stocks repurchased and canceled by the company this time is 114,000 shares, accounting for 0.13% of the total share capital of the company before the repurchase and cancellation, involving 2 incentive objects.
- The company has recently completed the procedures for the repurchase and cancellation of the above-mentioned restricted stocks at the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd., and will subsequently handle the relevant industrial and commercial change registration procedures in accordance with the law.
- After the completion of this repurchase and cancellation, the total number of shares of the company will change from 87,122,184 shares to 87,008,184 shares.
Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company") held the 22nd meeting of the 3rd Board of Directors and the 17th meeting of the 3rd Supervisory Board on November 28, 2025, and reviewed and approved the proposal on the repurchase and cancellation of part of the restricted stocks under the 2025 Restricted Stock Incentive Plan. This proposal has been submitted to the company's 2025 third extraordinary general meeting for approval. As of the date of this announcement, the company has completed the procedures for the repurchase and cancellation of the above-mentioned restricted stocks at the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd., and now provides the following explanation on the relevant matters: