Securities Code: 002353 Securities Abbreviation: Jere Corporation Announcement No.: 2026-022
Yantai Jere Oilfield Equipment & Services Co., Ltd. Progress Report on the "Quality and Return Enhancement" Action Plan
The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
In response to the call from the Political Bureau of the CPC Central Committee to "activate the capital market and boost investor confidence" and the State Council's executive meeting to "vigorously enhance the quality and investment value of listed companies," and with the aim of protecting the interests of all shareholders, especially small and medium shareholders, promoting the company's healthy and sustainable development, and based on confidence in the company's development prospects and recognition of its long-term value, combined with its own development strategy, operating conditions, and financial situation, Yantai Jere Oilfield Equipment & Services Co., Ltd. (hereinafter referred to as the "Company" or "Jere") formulated the "Quality and Return Enhancement" action plan in March 2024. For details, please refer to the announcement disclosed on Juchao Information Network, No. 2024-016.
Since the launch of the action plan, the Company has consistently adhered to its purpose and actively taken various measures to promote the high-quality development of the listed company. After deliberation and approval by the third meeting of the seventh Board of Directors, the progress of the "Quality and Return Enhancement" action plan is hereby announced as follows: