001387SZSE

Announcement on Repurchasing and Canceling Part of Restricted Shares, Reducing Registered Capital, and Notifying Creditors

Xueqi Electric Co., Ltd.··2 pages

✨ AI Summary

Hefei Xueqi Electric Co., Ltd. announces the repurchase and cancellation of 36,959 restricted shares due to unmet performance targets. This action will reduce the company's registered capital from RMB 183,030,400 to RMB 182,993,441. Creditors have 45 days from the announcement date to claim debts or request guarantees.

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Full Translation

AI Translation· gemini_document

Securities Code: 001387 Securities Abbreviation: Xueqi Electric Announcement Number: 2026-031 Hefei Xueqi Electric Co., Ltd. Announcement on Repurchasing and Canceling Part of Restricted Shares, Reducing Registered Capital, and Notifying Creditors

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.

I. Reason for Notifying Creditors

Hefei Xueqi Electric Co., Ltd. (hereinafter referred to as the "Company") held the tenth meeting of the second Board of Directors on June 4, 2026, and the first extraordinary general meeting of shareholders of 2026 on June 22, 2026. The proposals "Proposal on Repurchasing and Canceling Part of the Restricted Shares of the 2025 Restricted Stock Incentive Plan and Adjusting the Repurchase Price" and "Proposal on Amending the Articles of Association and Applying for Industrial and Commercial Registration Change" were deliberated and passed.

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