Securities Code: 300100
Securities Abbreviation: Shuanglin Co., Ltd.
Announcement Number: 2026-040
Shuanglin Co., Ltd.
Share Repurchase Report
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.
Key Content Highlights:
- Basic Repurchase Information
(1) Shuanglin Co., Ltd. (hereinafter referred to as the "Company") plans to use its own funds or raised funds to repurchase the Company's shares through centralized bidding transactions. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. If the Company cannot fully utilize the repurchased shares within three years from the date of the announcement of the share repurchase results and share changes, the remaining repurchased shares will be cancelled according to law. If national policies are adjusted, this repurchase plan will be implemented according to the adjusted policies.
(2) The total amount of funds for this share repurchase will be no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive). The repurchase price will not exceed RMB 35 per share (inclusive). Based on the upper limit of the repurchase price, the estimated number of shares to be repurchased is between 1.4286 million shares and 2.8571 million shares, accounting for approximately 0.25% to 0.49% of the Company's current total issued share capital. The specific number of shares repurchased will be subject to the actual number of shares repurchased at the end of the repurchase period.
(3) The implementation period for this share repurchase will not exceed 12 months from the date of the Board of Directors' approval of this share repurchase plan.
- Future Share Reduction Plans of Relevant Shareholders
As of the date of this announcement, the Company's directors, senior management, controlling shareholders, actual controllers, and shareholders holding more than 5% of the shares and their concerted parties have no plan to reduce their holdings of the Company's shares within the next six months. If the aforementioned shareholders plan to reduce their holdings in the future, the Company will fulfill its information disclosure obligations in accordance with the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange.
- Risk Warning
(1) There is a risk that the share price may continuously exceed the upper repurchase price limit during the repurchase period, which may lead to the inability to smoothly implement or only partially implement this repurchase plan.
(2) There is a risk that the repurchase may not be implemented due to the occurrence of major events that have a significant impact on the Company's stock trading price, or significant changes in the Company's production and operation, financial situation, external objective circumstances, or other factors that cause the Board of Directors to decide to terminate this repurchase plan, or the Company no longer meets the conditions for share repurchase stipulated by laws and regulations.
(3) There is a risk that the share repurchase plan may not be implemented due to the employee stock ownership plan or equity incentive plan not being approved by the Company's Board of Directors and shareholders' meeting, or the incentive recipients abandoning their subscription, resulting in the repurchased shares being unable to be granted or fully granted and being cancelled.
(4) This repurchase plan does not represent the actual execution of the Company's final share repurchase. The Company will make repurchase decisions based on market conditions within the repurchase period, and there is a risk of adjustment, change, or termination of the repurchase plan. The Company will fulfill its information disclosure obligations in a timely manner based on the progress of the repurchase matter, and investors are advised to pay attention to investment risks.