Stock Code: 002102 Stock Abbreviation: ST Nengte Announcement No.: 2026-058
Hubei Nengte Technology Co., Ltd.
Announcement on the Implementation Results of Share Repurchase and Changes in Share Capital
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.
Hubei Nengte Technology Co., Ltd. (hereinafter referred to as the "Company") held the 33rd meeting of the 7th Board of Directors and the 26th meeting of the 7th Board of Supervisors on July 2, 2025, and the 2025 5th Extraordinary General Meeting of Shareholders on July 18, 2025. The "Proposal on Repurchasing and Cancelling Shares" was reviewed and approved, authorizing the Company to use its own funds and self-raised funds to repurchase a portion of its shares through the Shenzhen Stock Exchange trading system via centralized bidding. The total repurchase amount was set between 300 million RMB (inclusive) and 500 million RMB (inclusive), at a price not exceeding 4.70 RMB per share (inclusive). The implementation period was 12 months from the date the shareholders' meeting approved the repurchase plan (July 19, 2025, to July 18, 2026). The repurchased shares are intended for cancellation to reduce registered capital. For details, please refer to the "Repurchase Report" disclosed by the Company on July 19, 2025 (Announcement No.: 2025-080).
As of the date of this announcement, the Company's repurchase plan has been completed. In accordance with the "Rules for Share Repurchase by Listed Companies" and the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 9 — Share Repurchase," the implementation results are announced as follows:
I. Implementation of the Share Repurchase
- On July 22, 2025, the Company made its first repurchase of shares through a dedicated securities account via centralized bidding and disclosed the "Announcement on the First Repurchase of Company Shares" (Announcement No.: 2025-081).