Stock Code: 300223 Stock Abbreviation: Beijing Ingenic Announcement No.: 2026-053
Beijing Ingenic Semiconductor Co., Ltd.
Announcement on the Company's Share Repurchase Plan
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 material omissions.
Important Content Prompts:
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Type of shares to be repurchased: Publicly issued RMB ordinary shares (A-shares).
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Purpose of share repurchase: Equity incentives or employee stock ownership plans.
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Total amount and price of funds for repurchase: The total funds for this repurchase shall be no less than 100 million RMB and no more than 200 million RMB. The repurchase price shall not exceed 220 RMB per share. The specific total amount of funds for the repurchase shall be based on the actual amount used.
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Quantity of shares to be repurchased and proportion to total share capital: Under the condition that the repurchase price does not exceed 220 RMB per share, based on the upper limit of 200 million RMB, the estimated number of shares to be repurchased is 909,090, accounting for approximately 0.19% of the current total share capital. Based on the lower limit of 100 million RMB, the estimated number of shares to be repurchased is 454,546, accounting for approximately 0.09% of the current total share capital. The specific quantity of shares repurchased shall be based on the actual number of shares repurchased at the expiration of the repurchase period.
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Source of funds for share repurchase: Own funds or self-raised funds.
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Method of share repurchase: Centralized bidding.
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Repurchase period: Given that the company is currently applying for the issuance of overseas listed foreign shares (H-shares) and listing on the Main Board of the Stock Exchange of Hong Kong Limited, this share repurchase plan will comply with applicable laws and regulations (including but not limited to Hong Kong laws and Hong Kong Listing Rules). This share repurchase plan will be completed within 3 months starting from the 30th calendar day (excluding) after the deadline for the company's H-share public offering in Hong Kong.
Whether relevant shareholders have reduction plans: As of the disclosure date of this announcement, the company's directors, senior management, controlling shareholders and their persons acting in concert, actual controllers, and shareholders holding more than 5% of the company's shares have no reduction plans for the next three months. If relevant subjects intend to implement share reductions in the future, the company will strictly fulfill its information disclosure obligations in accordance with relevant laws and regulations.
I. Main Content of the Share Repurchase Plan
1. Purpose of Share Repurchase
Based on confidence in the company's future sustainable development and recognition of the company's value, to further establish and improve the company's long-term incentive mechanism, promote sustainable development, and combined with the company's financial status, operating conditions, and development strategy, the company intends to repurchase some of its shares through centralized bidding, planning to use them for equity incentives or employee stock ownership plans at an appropriate time in the future.
2. Compliance with Relevant Conditions
This repurchase matter complies with the conditions stipulated in the "Rules for Share Repurchase by Listed Companies" and Article 10 of the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 9 — Share Repurchase":
(1) The company's shares have been listed for more than six months;
(2) The company has had no major illegal acts in the last year;
(3) After the share repurchase, the company possesses the ability to perform debts and continue operations;
(4) After the share repurchase, the company's equity distribution should in principle meet the listing conditions;
(5) Other conditions stipulated by the China Securities Regulatory Commission (CSRC) and the Shenzhen Stock Exchange.