Securities Code: 301125 Securities Abbreviation: Tengya Precision Announcement Number: 2026-050
Nanjing Tengya Precision Technology Co., Ltd. Announcement on the Plan for Centralized Bidding and Reduced Shareholding of Repurchased Shares
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Nanjing Tengya Precision Technology Co., Ltd. (hereinafter referred to as the "Company" or "this Company") held its Thirteenth Meeting of the Third Board of Directors on June 18, 2026, and deliberated and approved the "Proposal on the Plan for Centralized Bidding and Reduced Shareholding of Repurchased Shares." According to the usage of repurchased shares disclosed by the Company on the CNINFO website (www.cninfo.com.cn) on February 28, 2024, in the "Repurchase Report" (Announcement No.: 2024-013), the Board of Directors agreed that the Company will reduce its repurchased shares through centralized bidding transactions. The proposed reduction amount shall not exceed 365,200 shares (accounting for 0.1842% of the Company's total share capital, and 0.1845% of the total share capital after excluding shares in the company's repurchase dedicated account). The reduction period is within 3 months from 15 trading days after the disclosure of this announcement (i.e., from July 13, 2026, to October 12, 2026, excluding periods where reductions are prohibited by regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange). The reduction price will be determined based on the secondary market price at the time of reduction. The specific details are as follows:
I. Basic Situation of Repurchased Shares by the Company
The Company held its Sixteenth Meeting of the Second Board of Directors and the Sixteenth Meeting of the Second Supervisory Board on February 26, 2024, and deliberated and approved the "Proposal on the Company's Share Repurchase Plan." It was agreed that the Company would use its own funds or raised funds to repurchase its issued RMB ordinary shares (A shares) (hereinafter referred to as "this repurchase") through centralized bidding transactions, in order to maintain the Company's value and shareholder interests. The repurchased shares will be sold in accordance with relevant regulations. The total amount of funds for repurchasing shares shall not be less than RMB 5 million (inclusive) and not exceed RMB 10 million (inclusive). The repurchase price shall not exceed RMB 18.00 per share (inclusive). The repurchase period shall be within 3 months from the date the Board of Directors approved the repurchase plan. For detailed information, please refer to the "Announcement on the Company's Share Repurchase Plan" (Announcement No.: 2024-010) disclosed by the Company on the CNINFO website (www.cninfo.com.cn) on February 26, 2024.