002570SZSE

Announcement on the Expiration of the Share Buyback Period and Implementation Results

Beingmate Co., Ltd.··3 pages

✨ AI Summary

This announcement details the completion of the share buyback program by Beiningmei Co., Ltd. The company repurchased a total of 25,778,254 shares, accounting for 2.3868% of its total share capital, with a total expenditure of approximately RMB 159.87 million. The buyback was conducted within the approved price range and timeframe, and the shares will be used for employee stock ownership plans.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Beiningmei Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

The Company approved the share buyback plan at the ninth meeting of the ninth session of the Board of Directors held on April 29, 2025. The plan allows the Company to use self-raised funds and special loans for share buybacks through centralized bidding, with a total buyback amount not exceeding RMB 300 million (inclusive) and not less than RMB 150 million (inclusive). The buyback price shall not exceed RMB 9.06 per share (inclusive), and the implementation period is within 12 months from the date of the Board's approval. The repurchased shares will be used for equity incentives or employee stock ownership plans. For specific details, please refer to the announcement titled "Announcement on the Share Buyback Plan and Commitment Letter for Special Loan for Share Buyback" (Announcement No. 2025-035) disclosed by the Company on April 30, 2025.

As of April 28, 2026, the buyback period has expired, and the buyback plan has been fully implemented. According to the "Regulations on Share Buybacks by Listed Companies" and the "Self-Regulatory Guidelines No. 9 for Listed Companies on the Shenzhen Stock Exchange - Share Buybacks," the Company announces the following results of the share buyback:

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.