Stock Code: 300906 Stock Abbreviation: Rymek Announcement No.: 2026-020
Jiangxi Rymek Control Technology Co., Ltd.
Announcement on the Share Repurchase Plan
Important Content Prompt:
- Jiangxi Rymek Control Technology Co., Ltd. (hereinafter referred to as the "Company") intends to use its own funds to repurchase its issued RMB ordinary shares (A-shares) through centralized bidding (hereinafter referred to as the "Repurchase"):
(1) Total repurchase amount: Not less than RMB 28.8 million and not more than RMB 57.6 million (inclusive). The specific total amount shall be based on the actual amount used upon the expiration of the repurchase period or the completion of the implementation.
(2) Repurchase price: Not exceeding RMB 36.00 per share (not higher than 150% of the average trading price of the company's shares for the 30 trading days prior to the Board's resolution on the repurchase).
(3) Purpose: Necessary for maintaining the company's value and shareholder interests. Shares will be sold or cancelled within the prescribed period in accordance with relevant repurchase rules and regulatory guidelines.
(4) Repurchase period: Within 3 months from the date the Board of Directors deliberates and approves the repurchase plan.
(5) Source of funds: Own funds.
(6) Quantity and proportion: Based on the price cap and total amount range, the estimated quantity is 800,000 to 1,600,000 shares, representing 1% to 2% of the total share capital.
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The Company held the 11th meeting of the 4th Board of Directors on July 24, 2026, and approved the "Proposal on the Share Repurchase Plan."
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Reduction plan of major shareholders during the repurchase period: As of the disclosure date, the Company has not received any reduction plans from directors, senior management, controlling shareholders, or actual controllers for the next six months.
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Risk Warning: The repurchase plan faces risks including potential price fluctuations exceeding the cap, major corporate events leading to termination, or changes in regulatory policies.
I. Main Content of the Repurchase Plan
(I) Purpose of Repurchase
Based on confidence in the company's future development and recognition of its value, the Company intends to repurchase shares to maintain its value and shareholder interests.
(II) Compliance with Conditions
The repurchase complies with the "Rules for Share Repurchases by Listed Companies" and the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 9 — Share Repurchases." The company's stock price experienced a cumulative decline of over 20% in 20 consecutive trading days between June 23, 2026, and July 20, 2026.
(III) Method and Price Range
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Method: Centralized bidding through the Shenzhen Stock Exchange trading system.
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Price Range: Not exceeding RMB 36.00 per share.
(IV) Type, Purpose, Quantity, and Funding
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Type: Issued RMB ordinary shares (A-shares).
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Purpose: Maintaining company value and shareholder interests.
| Repurchase Purpose | Estimated Quantity (10,000 shares) | Proportion of Total Capital | Total Amount (RMB 10,000) |
|---|---|---|---|
| Maintaining value and interests (sale) | 80-160 | 1%-2% | 2,880-5,760 |
Note: The quantity is based on the funding range and price cap. Repurchased shares will be sold within three years after the 12-month period following the disclosure of the repurchase results.
(V) Source of Funds
Own funds. The implementation will not adversely affect the company's financial position or normal operations.