Stock Code: 002860
Stock Abbreviation: Xingshuai
Announcement Number: 2026-031
Hangzhou Xingshuai Electric Co., Ltd. and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
- Hangzhou Xingshuai Electric Co., Ltd. (hereinafter referred to as "the Company") has canceled a total of 7,567,400 repurchased shares, accounting for 2.10% of the total share capital before the cancellation. After the cancellation, the total share capital of the Company changes from 359,712,516 shares to 352,145,116 shares.
- The Shenzhen Branch of China Securities Depository and Clearing Corporation Limited has confirmed that the Company completed the cancellation of the repurchased shares on May 25, 2026.
- After the cancellation of the repurchased shares, the proportion of shares held by the controlling shareholder, actual controller, and their concerted actors increased from 35.59% to 36.35%, reaching an integer multiple of 1%. This change in equity is a passive change due to the reduction in the total number of shares, and the number of shares held by the controlling shareholder, actual controller, and their concerted actors remains unchanged, not involving any increase or decrease in holdings, not triggering a tender offer, and will not lead to changes in the controlling shareholder or actual controller, nor will it affect the Company's governance structure and ongoing operations.
According to the "Regulations on Share Repurchase by Listed Companies" and "Self-Regulatory Guidelines No. 9 for Listed Companies on the Shenzhen Stock Exchange - Share Repurchase," the Company hereby announces the completion of the cancellation of repurchased shares and the changes in share capital as follows: