Mingzhi Technology: Plans to cancel 266,600 repurchased shares and reduce registered capital

Mingzhi Technology announced that the company will cancel 266,590 shares in its repurchase special securities account, accounting for 0.2151% of the total share capital before cancellation, with the cancellation date set for November 4, 2026. After this cancellation is completed, the company's total share capital will change from 123,956,072 shares to 123,689,482 shares, and the registered capital will decrease from RMB 123.9561 million to RMB 123.6895 million. The shares were originally intended for an employee stock ownership plan or equity incentive, and upon deliberation and approval by the board of directors and an extraordinary shareholders' meeting, their purpose was changed to cancellation to reduce registered capital. No relevant claims were received from creditors during the creditor claim declaration period. This cancellation will not have a material impact on the company's operations or listing status.