Announcement on the Progress and Completion of Share Repurchase by Hebei University of Technology Keya Technology Group Co., Ltd.
The company and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Hebei University of Technology Keya Technology Group Co., Ltd. (hereinafter referred to as "the Company") held the seventh meeting of the fourth board of directors and the sixth meeting of the fourth supervisory board on August 25, 2025, where it reviewed and approved the proposal on the share repurchase plan. Based on confidence in the Company's future development and recognition of its intrinsic value, the Company intends to use its own funds and special loan funds for share repurchase through the secondary market via centralized bidding. The repurchased shares will be used for implementing equity incentives or employee stock ownership plans. The repurchase price will not exceed RMB 31 per share (inclusive), which is 150% of the average trading price of the Company's shares over the 30 trading days prior to the board's approval of the repurchase resolution. The total amount for the repurchase will be no less than RMB 30 million (inclusive) and no more than RMB 50 million (inclusive). Under the condition that the repurchase price does not exceed RMB 31 per share, it is estimated that with the maximum repurchase fund of RMB 50 million, approximately 1,612,903 shares can be repurchased, accounting for about 1.34% of the Company's current total share capital; with the minimum repurchase fund of RMB 30 million, approximately 967,741 shares can be repurchased, accounting for about 0.80% of the Company's current total share capital. The specific number of repurchased shares and the total amount will be subject to the actual number and amount at the end of the repurchase period. For more details, please refer to the announcement titled "Announcement on the Share Repurchase Plan and Acquisition of Special Loan for Share Repurchase" (Announcement No. 2025-050) disclosed on August 27, 2025, and the "Share Repurchase Report" (Announcement No. 2025-052) disclosed on September 2, 2025, on the Giant Tide Information Network (www.cninfo.com.cn).
As of the date of this announcement, the Company's share repurchase plan has been completed. According to the "Regulations on Share Repurchase by Listed Companies" and the "Self-Regulatory Guidelines No. 9 for Listed Companies on the Shenzhen Stock Exchange - Share Repurchase," the results of the repurchase must be disclosed within two trading days after the repurchase period ends or the plan is completed. The relevant details of the Company's share repurchase are announced as follows: