Dongcai Technology: Intends to cancel 7.9349 million shares of repurchased shares and reduce registered capital.

Dongcai Technology announced that as of January 24, 2025, the company has repurchased a total of 7.9349 million shares, accounting for 0.88% of the total share capital, with a total payment of 69.9928 million yuan. Based on actual operations and development strategies, the company plans to change the use of these shares from "used to implement equity incentive plans" to "used for cancellation and corresponding reduction of registered capital". On November 10, 2025, the shareholders' meeting approved the proposal. The plan for the cancellation of repurchased shares is expected to be completed in 2026, after which the total share capital of the company will be reduced from 1.018 billion shares to 1.01 billion shares.