Beauty Meikailong: Cancel the repurchase of shares and reduce the registered capital, notify creditors to declare their rights.

Mikailong announced that in April 2022, the company plans to repurchase A-shares worth 150 million to 300 million RMB for employee shareholding or equity incentives. As of April 22, 2023, a total of 1,044,800 shares have been repurchased, with a payment of 5,003,500 RMB. In December 2025 and January 2026, the company decided to cancel the repurchased shares and reduce the registered capital. After the cancellation, the total share capital will be reduced from 4,354,732,673 shares to 4,353,687,873 shares. According to regulations, creditors can request debt repayment or provide guarantees within 30 days from receiving notice, or within 45 days from public announcement if no notice is received. The declaration can be made by mail or email.