Fangzhi Technology: Plans to cancel repurchased shares and reduce registered capital.

date
15/09/2026
Fangzhi Technology announced that the company will cancel 988,900 shares in its special securities repurchase account, accounting for 0.3928% of the company's current total share capital, and will reduce its registered capital accordingly. After this cancellation is completed, the company's total share capital will decrease from 252 million shares to 251 million shares, and its registered capital will decrease from RMB 252 million to RMB 251 million. The company has notified its creditors that within 45 days starting from September 16, 2026, creditors have the right to request the company to repay its debts or provide corresponding guarantees with valid debt certification documents.