Qingsong Co., Ltd.: Plans to repurchase shares between 30 million and 45 million yuan for cancellation.

date
03/08/2026
Qingsong Co., Ltd. announced that the company plans to repurchase a portion of its A-shares through centralized bidding, with a total funding amount not less than 30 million yuan and not exceeding 45 million yuan. The repurchase price will not exceed 10 yuan per share, and it is expected to repurchase between 3 million to 4.5 million shares, accounting for 0.5807% to 0.8711% of the total share capital, for the purpose of cancellation and reduction of registered capital. The implementation period is within 12 months from the date the shareholders' meeting approves it. As of the announcement date, the company has no controlling shareholder or actual controller, and relevant personnel currently have no plans to increase or reduce their holdings. This repurchase carries risks related to pricing, significant events, and funding. If it cannot be implemented, the corresponding procedures will be followed.