Asymchem to reduce capital by repurchasing incentive shares

Asymchem Laboratories (Tianjin) announced its plans to reduce its registered capital by repurchasing and cancelling 1,680 A-shares granted under its 2020 restricted stock incentive plan. The decision follows the departure of employee Sun Xuehui, a participant in the incentive program. Approved at the company's April 3, 2025 shareholder meetings, the repurchase and cancellation will decrease the total share capital from 360,595,400 to 360,593,720 shares. As a result of this reduction, creditors are entitled to request debt repayment or guarantees from Asymchem within specified timeframes. Asymchem affirmed it will continue to fulfill its debt obligations according to the original agreements. Additionally, Asymchem reported its registered share capital, with 27,553,260 H Shares and 333,042,140 A Shares, and its issued share capital, including 27,553,260 H Shares and 327,326,140 A Shares, plus details of its corresponding inventory share and issued share numbers.