Securities Code: 002419 Securities Abbreviation: Tianhong Shares Announcement Number: 2026-031
Tianhong Commercial Co., Ltd. Announcement on the Results of Share Repurchase Implementation 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, and contains no false records, misleading statements, or major omissions.
I. Basic Information on the Company's Share Repurchase
Tianhong Commercial Co., Ltd. (hereinafter referred to as the "Company") at the 30th meeting of the Sixth Board of Directors and the first extraordinary general meeting of shareholders in 2025 deliberated and approved the "Proposal on Repurchasing Company Shares." The Company will repurchase its issued RMB ordinary shares (A shares) through centralized bidding transactions to reduce its registered capital. The total amount of funds for the repurchase will be no less than RMB 150 million (inclusive) and no more than RMB 200 million (inclusive), with a repurchase price not exceeding RMB 7.54 per share.
For specific details, please refer to the relevant announcements published by the Company on April 16, July 19, and July 25, 2025, in the "Securities Times" and on the Juchao Information Network (http://www.cninfo.com.cn).
II. Implementation of the Company's Share Repurchase
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On October 31, 2025, the Company, through a dedicated securities account for repurchases, repurchased 200,000 shares of the Company via centralized bidding transactions, accounting for 0.0171% of the Company's total share capital. The highest transaction price for this repurchase was RMB 5.40 per share, and the lowest transaction price was RMB 5.39 per share, with a total transaction amount of RMB 1,079,400 (excluding transaction fees).
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During the period of the Company's share repurchase, the Company disclosed the progress of its share repurchase as of the end of the previous month within the first three trading days of each month, in accordance with relevant regulations.