Securities Code: 001319
Securities Abbreviation: Mingke Precision
Announcement Number: 2026-025
Mingke Precision Technology Co., Ltd. announces its share repurchase plan. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
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Mingke Precision Technology Co., Ltd. (hereinafter referred to as "the Company") intends to use its own funds to repurchase part of its issued RMB ordinary shares (A shares) through centralized bidding. The repurchased shares will be used for implementing an equity incentive plan or employee stock ownership plan. The total amount for the repurchase will not be less than RMB 18 million (inclusive) and not exceed RMB 36 million (inclusive), with a repurchase price not exceeding RMB 30 per share (inclusive). Based on the upper limit of the repurchase funds, the estimated number of shares to be repurchased is approximately 1.2 million shares, accounting for about 0.85% of the Company's current total share capital. Based on the lower limit of the repurchase funds, the estimated number of shares to be repurchased is approximately 600,000 shares, accounting for about 0.42% of the Company's current total share capital. The specific number of repurchased shares will be based on the actual number repurchased upon the expiration of the repurchase period or completion of the repurchase. The repurchase period will not exceed 12 months from the date the board of directors approves the share repurchase plan.
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As of the date of this announcement, the Company has not received any plans for share increases or decreases from directors, senior management, controlling shareholders, actual controllers, or their concerted actions during the repurchase period. Shareholders holding more than 5% of the shares and their concerted actions do not have any explicit reduction plans for the next six months. If any relevant parties plan to implement share increases or decreases in the future, the Company will fulfill its information disclosure obligations in a timely manner according to relevant regulations.
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Risk Warning:
(1) There is a risk that the repurchase plan may not be implemented or may only be partially implemented if the Company's stock price continues to exceed the upper limit of the repurchase price during the repurchase period.
(2) The funds for the repurchase will come from the Company's own funds. If the required funds for the repurchase cannot be raised, it will lead to the risk of the repurchase plan not being implemented.
(3) If significant events occur that have a major impact on the Company's stock price, or if there are significant changes in the Company's production, operation, financial status, or external objective circumstances, or other matters that lead the board to decide to terminate the repurchase plan, there is a risk that the repurchase plan may not be smoothly implemented or may be changed or terminated according to regulations.
(4) The repurchased shares will be used for implementing an equity incentive plan or employee stock ownership plan, and there may be risks that the repurchased shares cannot be fully granted due to reasons such as the equity incentive plan or employee stock ownership plan not being approved by the Company's board and shareholders, or the incentive objects waiving their subscription.
(5) The Company will make decisions and implement them based on market conditions during the repurchase period and will fulfill its information disclosure obligations in a timely manner according to progress. Investors are advised to pay attention to investment risks.
According to the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Regulations on the Repurchase of Shares by Listed Companies," "Self-Regulatory Guidelines No. 9 for Listed Companies on the Shenzhen Stock Exchange - Share Repurchase," and other relevant regulations, the Company held the 17th meeting of the second board of directors on June 2, 2026, to review and approve the proposal on the share repurchase plan. The specific content of the repurchase plan is announced as follows: