Announcement Regarding Proposal to Repurchase Company Shares from Controlling Shareholder, Actual Controller, Chairman and General Manager

Leyard Optoelectronic Co., Ltd.·July 2, 2026·3 pages

✨ AI Summary

The controlling shareholder, actual controller, Chairman, and General Manager of the company has proposed a share repurchase of RMB 100-200 million. The repurchase aims to enhance investor confidence and protect company value, with shares potentially used for employee stock ownership plans or equity incentives. The proposal follows a significant stock price decline.

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Securities Code: 300296 Securities Abbreviation: Leyard Announcement No.: 2026-036

Leyard Optoelectronic Co., Ltd.

Announcement Regarding Proposal to Repurchase Company Shares from Controlling Shareholder, Actual Controller, Chairman and General Manager

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from false records, misleading statements, or major omissions.

Leyard Optoelectronic Co., Ltd. (hereinafter referred to as the "Company") recently received a "Letter of Proposal to Repurchase Company Shares" from Mr. Li Jun, the controlling shareholder, actual controller, Chairman, and General Manager of the Company. The main content of the proposal is as follows:

I. Basic Information of the Proposer and Proposal Time

Proposer: Mr. Li Jun, Controlling Shareholder, Actual Controller, Chairman, and General Manager
Proposal Time: July 2, 2026
Right to Submit Proposal: Yes

II. Reasons and Objectives for Proposing Share Repurchase

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