Jiangsu Yunyi Electric Co., Ltd. Progress Announcement on Share Buyback
The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Jiangsu Yunyi Electric Co., Ltd. (hereinafter referred to as "the Company") held the seventh meeting of the sixth board of directors on January 22, 2026, and the first extraordinary general meeting of shareholders on February 9, 2026, where the proposal on the share buyback plan was approved. The Company agreed to use its own funds to repurchase part of its ordinary A-shares through centralized bidding, with the repurchased shares intended for implementing an employee stock ownership plan or equity incentive plan. The total amount for this buyback will not be less than RMB 100 million and not exceed RMB 150 million (inclusive), with a repurchase price not exceeding RMB 17.00 per share. The buyback period is within 12 months from the date of approval by the general meeting of shareholders. For specific details, please refer to the relevant announcements published by the Company on the designated information disclosure website of the China Securities Regulatory Commission, Giant Tide Information Network.