Securities Code: 300100
Securities Abbreviation: Shuanglin Co., Ltd.
Announcement No.: 2026-039
Shuanglin Co., Ltd.
Announcement on Share Repurchase Plan
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.
Special Notes:
- Basic Information on Repurchase
(1) Shuanglin Co., Ltd. (hereinafter referred to as the "Company") plans to use its own funds or self-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 fails to use up the repurchased shares within three years after the announcement of the repurchase results and share changes, the remaining unused 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 repurchased shares will be 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 repurchased shares 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 be no more than 12 months from the date the Board of Directors approves this share repurchase plan.
- Future Share Reduction Plans of Relevant Shareholders
As of the disclosure 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 plans 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 failure to smoothly implement or only partially implement this repurchase plan.
(2) There is a risk that this 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 status, external objective circumstances, or other factors that cause the Board of Directors to decide to terminate this repurchase plan, or the Company failing to meet the conditions for repurchasing shares stipulated by laws and regulations.
(3) There is a risk that the share repurchase plan may not be successfully implemented if the employee stock ownership plan or equity incentive plan fails to be approved by the Company's Board of Directors and shareholders' meeting, or if the incentive recipients waive their subscription, resulting in the repurchased shares being unable to be granted or fully granted and thus being cancelled.
(4) This repurchase plan does not represent the actual final execution of the Company's share repurchase. The Company will make repurchase decisions based on market conditions during 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, and investors are advised to pay attention to investment risks.