Stock Code: 300201 Stock Abbreviation: Hailun Zhezhe Announcement Number: 2026-044 Xuzhou Hailun Zhezhe Special Vehicle Co., Ltd. Announcement on the Progress of Company Share Repurchase
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or material omissions.
Xuzhou Hailun Zhezhe Special Vehicle Co., Ltd. (hereinafter referred to as the "Company") held the 18th meeting of the Sixth Board of Directors on December 8, 2025, and reviewed and approved the "Proposal on the Company's Share Repurchase Plan." The Company plans to use its own funds to repurchase a portion of its RMB common A shares through centralized bidding. The repurchased shares are intended for implementation of employee stock ownership plans or equity incentives. The total funds for this repurchase will be no less than RMB 50 million and no more than RMB 100 million (including the principal amount). The repurchase price will not exceed RMB 7.5 per share (inclusive). The specific number of shares to be repurchased will be subject to the actual number of shares repurchased upon completion of the repurchase. The implementation period for this share repurchase will not exceed 12 months from the date the Board of Directors approves this share repurchase plan. For details of the repurchase plan, please refer to the "Announcement on the Company's Share Repurchase Plan" (Announcement Number: 2025-086) disclosed by the Company on Juchao Information Network on December 9, 2025.