Beijing Sanyuan Foods Announces Restricted Stock Repurchase and Board Changes

Beijing Sanyuan Foods will repurchase 7,086,978 restricted shares and adjust the repurchase price to CNY 2.941/share, due to unachieved performance targets and personnel changes affecting 167 employees. The company's total share capital will decrease to 1,502,089,065 shares. Concurrently, the company proposes to change its auditor to Tianyuanquan and revise its Articles of Association, impacting board structure and party building. A shareholder meeting is scheduled for 5 September 2025.