Securities Code: 002026 Securities Abbreviation: Shandong Weida Announcement No.: 2026-021 Shandong Weida Machinery Co., Ltd. Repurchase Report The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
Key Information Highlights
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Shandong Weida Machinery Co., Ltd. (hereinafter referred to as the "Company" or "this Company") plans to use its own funds or raised funds to repurchase a portion of its issued RMB common shares (A shares) through centralized bidding transactions, for the implementation of employee stock ownership plans or equity incentive plans. The total repurchase amount will be no less than RMB 30,000,000 (inclusive) and no more than RMB 60,000,000 (inclusive), with a repurchase price not exceeding RMB 20.01 per share (inclusive). Calculated at the upper repurchase price limit of RMB 20.01 per share, the estimated number of shares to be repurchased is between 1,499,251 and 2,998,500 shares, accounting for 0.34% to 0.68% of the Company's current total share capital. The specific number of shares repurchased and the repurchase amount will be subject to the actual number of shares repurchased and the repurchase amount upon the expiration of the repurchase period. The implementation period for this share repurchase is within 12 months from the date the Board of Directors approved this share repurchase plan.
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On April 18, 2026, the Company held the eighth meeting of the tenth Board of Directors, which deliberated and approved the "Proposal on the Company's Share Repurchase Plan." According to the "Articles of Association," this repurchase plan does not require shareholder approval.