Announcement on the Share Repurchase Plan of the Company
Securities Code: 300174
Securities Abbreviation: Yuanli Co., Ltd.
Announcement Number: 2026-005
Fujian Yuanli Activated Carbon Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Important Content Reminder:
- The Company intends to use its own funds to repurchase shares through centralized bidding (hereinafter referred to as "this repurchase") for the implementation of equity incentive plans or employee stock ownership plans. The type of shares to be repurchased is the ordinary shares (A shares) issued by the Company in RMB. The total amount of funds for the repurchase will not be less than RMB 50 million and not exceed RMB 60 million, with a repurchase price not exceeding RMB 20 per share. The repurchase period will not exceed 12 months from the date of the Board's approval of the repurchase proposal. If the national policies are adjusted, this repurchase plan will be implemented according to the adjusted policies.
- The number of shares to be repurchased and the proportion of the total share capital of the Company: Based on the total repurchase funds of RMB 50 million to 60 million and a maximum repurchase price of RMB 20 per share, it is estimated that approximately 2.5 million to 3 million shares will be repurchased, accounting for about 0.6902% to 0.8283% of the Company's total share capital (excluding the number of shares already in the repurchase special account).
- 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 have no clear plans to reduce their holdings in the Company within the next six months. If the above shareholders plan to reduce their holdings in the next six months, 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.
- Relevant risk reminders:
(1) Risks that the repurchase plan cannot be implemented as planned due to the stock price continuously exceeding the maximum repurchase price during the repurchase period, or the funds required for the repurchase not being available in time;
(2) If the shares repurchased are used for employee stock ownership or equity incentives, there may be risks that the plans are not approved by the Company's Board of Directors and shareholders' meeting, or that intended employees or incentive recipients abandon their subscription of shares, leading to the matter not being implemented or fully implemented, and the repurchased shares needing to be canceled in whole or in part according to law;
(3) If significant matters occur that have a major impact on the Company's stock trading price, or if the Company does not meet the legal and regulatory conditions for share repurchase, it may lead to the repurchase plan being partially or fully unimplemented;
(4) There may be risks that the repurchase plan needs to be changed or terminated due to significant changes in the Company's operations, financial condition, or external objective circumstances. The Company will timely fulfill its information disclosure obligations based on the progress of the repurchase matter, and investors are advised to pay attention to investment risks.