002709SZSE

Announcement on the Expiration of Share Reduction Plans for Directors and Senior Management and Implementation Results

✨ AI Summary

Guangzhou Tinci Materials Technology Co., Ltd. announced the completion of its directors' and senior management's share reduction plan as of March 27, 2026. A total of 924,025 shares were reduced by Messrs. Xu Lijun, Li Yanzhe, and Xu Zhenyi, representing 0.0046% of the total shares. The company confirmed compliance with regulations and stated the reduction will not impact control structure or operations.

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Full Translation

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Guangzhou Tinci Materials Technology Co., Ltd. (hereinafter referred to as "the Company") announced on December 6, 2025, on the information disclosure media designated by the China Securities Regulatory Commission (www.cninfo.com.cn) regarding the share reduction plan for directors and senior management (Announcement No. 2025-140).

As of March 27, 2026, the company has completed the share reduction plan, with Mr. Xu Lijun, Mr. Li Yanzhe, and Mr. Xu Zhenyi having reduced their shares by a total of 924,025 shares, accounting for 0.0046% of the total shares.

Share Reduction Situation

  1. Share Reduction Details:
NameReduction MethodReduction PeriodAverage Reduction Price (Yuan/Share)Reduced Shares (Shares)Reduction Ratio
Xu LijunCentralized AuctionFebruary 12, 202641.8924,0250.0045%
Li YanzheCentralized AuctionMarch 11, 202648.51100,0000.0049%
Xu ZhenyiCentralized AuctionMarch 13, 202650.3858,0000.0029%
Xu LijunCentralized AuctionMarch 26, 202645.15190,0000.0094%
Xu LijunCentralized AuctionMarch 27, 202646.19190,0000.0094%
Total672,0250.031%

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