Stock Code: 002879
Stock Abbreviation: Changlan Technology
Announcement Number: 2026-029
Changlan Technology Group Co., Ltd.
Resolution Announcement of the 20th Meeting of the 5th Board of Directors
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
I. Convening of the Board Meeting
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The 20th meeting of the 5th Board of Directors of Changlan Technology Group Co., Ltd. (hereinafter referred to as the "Company") was held on July 20, 2026, at the Company's meeting room through on-site and teleconference methods (all directors unanimously agreed to waive the notice period for this meeting). The meeting notice was sent to all directors on July 20, 2026, via personal delivery and email.
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A total of 11 directors were eligible to attend this meeting, and 11 directors actually attended. Mr. Li Shihui, Mr. Xu Yang, Mr. Yi Zepei, and Mr. Fan Jinxue participated in the meeting via written voting.
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The meeting was presided over by Chairman Mr. Yu Tao, and some senior management personnel of the Company attended the meeting.
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The convening of this meeting complies with the "Company Law" and other relevant laws, regulations, and the "Articles of Association" of the Company.
II. Deliberation of the Board Meeting
The meeting was presided over by Chairman Mr. Yu Tao. After deliberation by the attending directors, the following resolutions were formed:
(I) The "Proposal on the Company's Share Repurchase Plan" was deliberated and approved item by item.
- Purpose and Use of Share Repurchase
Based on confidence in the Company's future development prospects and recognition of its intrinsic investment value, in order to protect the Company's value and shareholder equity, enhance investor confidence in the Company, establish a good capital market image, and promote the Company's long-term development, considering the Company's operating conditions, financial status, and future profitability, the Company plans to repurchase its shares using its own funds to align the Company's stock price with its intrinsic value.
The repurchased shares can be sold through centralized bidding transactions twelve months after the announcement of the repurchase results and share change announcement, and the sale shall be completed within three years after the announcement of the repurchase results and share change announcement. If the Company fails to complete the sale within the aforementioned period, the portion of shares not sold will be disposed of according to relevant procedures.
Voting Result: 11 valid votes, 11 votes in favor, 0 votes against, 0 abstentions.
- Method of Share Repurchase
The Company will repurchase shares through the Shenzhen Stock Exchange trading system using centralized bidding transactions.