Part of the repurchased shares of Huitong New Materials will be cancelled for capital reduction, and creditors are required to declare their debt claims.

date
29/09/2025
Announcement of Huitong New Materials Co., Ltd.: In 2024, the company will propose a share repurchase plan at the relevant meetings, with a repurchase amount of no less than 50 million RMB and no more than 100 million RMB. The repurchase price ceiling is to be determined, with a period of up to 12 months after approval by the shareholders' meeting. As of September 30, 2025, a total of 5,087,505 shares have been repurchased, accounting for 0.9243% of the total share capital, with a total payment of 50,381,128.94 RMB. Some of the repurchased shares will be used to reduce registered capital. The company notifies creditors that within 10 days from receiving the notice or 45 days from the date of announcement if no notice is received, they have the right to request repayment of debts or provide guarantees. The announcement also provides information on the materials, methods, and contact information required for creditor claims.