Fujian Shengnong Development completes the cancellation of 220,000 repurchased shares, resulting in a decrease in total share capital.

On September 23, 2025, Fujian Shengnong Development Co., Ltd. completed the cancellation of 220,000 repurchased shares, involving repurchase funds of 4,145,846.28 yuan, accounting for 0.0177% of the total share capital before cancellation. After the cancellation, the total share capital of the company decreased from 1,243,400,295 shares to 1,243,180,295 shares. The cancellation of shares this time came from the unused portion of the first phase of the employee stock ownership plan reserved shares. Previously, the company had implemented repurchases, transfers, and cancellations of partial shares several times. This cancellation complies with regulatory requirements and will not have a significant impact on the company's operations, finances, and equity structure. The company's equity distribution still meets the listing requirements.