Fujian Yuanli Activated Carbon Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no 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 an equity incentive plan or employee stock ownership plan. The type of shares to be repurchased is the ordinary shares (A shares) issued by the Company. The total amount 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 national policies are adjusted, this repurchase plan will be implemented according to the adjusted policies.
- During the repurchase period, the Company's directors, senior management, controlling shareholders, actual controllers, and their concerted actors do not have explicit plans to increase or decrease their holdings. Shareholders holding more than 5% of the shares and their concerted actors also do not have explicit plans to reduce their holdings in the next six months.
- Related risk reminders:
- (1) Risks that the repurchase plan cannot be implemented as planned if the stock price continues to exceed the upper limit of the repurchase price or if the funds required for the repurchase are not in place in time.
- (2) If the repurchased shares are used for employee stock ownership or equity incentives, there may be risks of non-implementation or partial implementation due to failure to pass the necessary approvals or employees giving up their subscription rights, resulting in the need to cancel all or part of the repurchased shares.
- (3) If significant events occur that have a major impact on the Company's stock trading price or if the Company does not meet the legal requirements for share repurchase, it may lead to partial or complete inability to implement the repurchase plan.
- (4) The repurchase plan may need to be changed or terminated due to significant changes in the Company's operations, financial condition, or external circumstances. 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.
- The Company has opened a special securities account for the repurchase at the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. According to the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Rules for the Repurchase of Shares by Listed Companies, the Self-Regulatory Guidelines No. 9 for Listed Companies of the Shenzhen Stock Exchange - Share Repurchase, and the Articles of Association, the Company has prepared this Repurchase Report, with specific content as follows: