Xingyu Co., Ltd.: Plans to repurchase shares worth 100 million to 200 million yuan for cancellation.
Xingyu Co. announced that the company plans to repurchase a portion of its A shares using its own funds through a centralized bidding process for the purpose of cancellation and reducing registered capital. The total amount for the buyback is between 100 million and 200 million yuan, with the number of shares to be repurchased ranging from 673,400 to 1,346,700 shares, accounting for 0.2357% to 0.4714% of the companys total share capital, and the upper limit of the repurchase price is 148.51 yuan per share. The buyback period will be within 12 months from the date of the board of directors approval of this buyback plan. This proposal will be reviewed at the third extraordinary shareholders' meeting on August 12, 2026.
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