Chunqiu Electronics: Intends to cancel 9.1369 million repurchased shares and reduce registered capital.
Chunqiu Electronics announced that the company has completed the cancellation of 9,136,891 repurchased shares, with the cancellation date set for February 11, 2026. The buyback was initiated in May 2022 and completed by February 20, 2023, using a total fund of 93.0136 million yuan. After the cancellation, the total share capital of the company will be reduced from 455,944,899 shares to 446,808,008 shares. The controlling shareholder Xue Gewen's shareholding remains unchanged, and the shareholding ratio has increased from 31.67% to 32.31%. This cancellation will not have a significant impact on the company's financial and operational results, nor will it lead to a change in control.
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