Securities Code: 002377 Securities Abbreviation: Guochuang High-Tech Announcement No.: 2026-29
Hubei Guochuang High-Tech Materials Co., Ltd. Announcement on the Company's Share Repurchase Plan
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 major omissions.
Key Information Prompt:
- Hubei Guochuang High-Tech Materials Co., Ltd. (hereinafter referred to as the "Company") plans to repurchase its issued RMB ordinary shares (A-shares) through the centralized bidding trading system of the Shenzhen Stock Exchange. The repurchased shares will be used for equity incentive plans or employee stock ownership plans. The total repurchase amount will be no less than RMB 5 million (inclusive) and no more than RMB 10 million (inclusive), with a repurchase price not exceeding RMB 5.04 per share (inclusive). The specific number of shares repurchased will be based on the actual number of shares repurchased upon the expiration of the repurchase period or the completion of the repurchase. The funds for this share repurchase will come from the Company's own funds and self-raised funds (including dedicated stock repurchase loans). The repurchase period will be 12 months from the date the Board of Directors approves this repurchase plan.
- Whether relevant shareholders have a share reduction plan: The Company's directors, senior management, controlling shareholders, actual controllers, and shareholders holding more than 5% of the shares and their concerted parties currently have no clear plan to reduce their holdings in the Company.
- Relevant risk warnings: If the Company's stock price continuously exceeds the upper limit of the repurchase price during the repurchase period, or if the funds required for the repurchase cannot be raised, or if the Company's production and operation, financial situation, or external objective circumstances change significantly, or if other circumstances occur that cause the Board of Directors to decide to terminate this repurchase plan, there is a risk that the repurchase plan may not be successfully implemented or may be changed or terminated according to relevant regulations. Investors are kindly reminded to pay attention to investment risks.