Zhejiang Century Huatong Group Co., Ltd. (hereinafter referred to as "the Company") held the 19th meeting of the 6th Board of Directors on April 28, 2026, and approved the proposal regarding changes to the registered capital and amendments to the Articles of Association. The specific details are as follows:
I. Changes to the Company's Registered Capital
- Repurchase and Cancellation of Performance Commitment Shares
On May 30, 2025, the Company held the 9th meeting of the 6th Board of Directors and the 7th meeting of the 6th Supervisory Board, where it approved the proposal regarding the performance commitment compensation plan for major asset restructuring and the proposed repurchase and cancellation of corresponding compensation shares. On June 19, 2025, the Company held the second extraordinary general meeting of shareholders in 2025, which approved the above proposal. The total number of shares to be compensated by three compensation obligors is 126,627,700 shares, which the Company will repurchase and cancel for a total price of RMB 1.00. For more details, please refer to the announcement disclosed by the Company on June 3, 2025, on the Giant Tide Information Network (Announcement No.: 2025-033).
Shaoxing Shangyu Jiren Enterprise Management Consulting Partnership (Limited Partnership) (now named "Shanghai Jiyu Fan Enterprise Management Consulting Partnership (Limited Partnership)") as one of the compensation obligors, fulfilled its performance commitment share compensation obligation in August 2025, repurchasing and canceling 24,473,850 shares, accounting for 0.3284% of the Company's total share capital of 7,452,556,968 shares at that time. After the completion of the above repurchase and cancellation, the Company's total share capital changed from 7,452,556,968 shares to 7,428,083,118 shares. For more details, please refer to the announcement disclosed by the Company on August 22, 2025, on the Giant Tide Information Network (Announcement No.: 2025-049).