Yunnan Energy to reduce capital via share repurchase

Yunnan Energy New Material Co., Ltd. (SZSE:002812) announced that it will reduce its registered capital by CNY 108,000.00 following the repurchase and cancellation of 108,000 restricted shares from four incentive recipients of its 2024 restricted stock incentive plan. The repurchase price is set at CNY 23.0474 per share, plus bank deposit interest. Following the cancellation, the company's total share capital will decrease from 968,256,500 shares to 968,150,717 shares, and registered capital will decrease from CNY 968,256,500.00 to CNY 968,150,717.00. The company assures that the remaining registered capital remains above the legal minimum limit. Creditors are hereby notified and have 45 days to claim debt repayment or request a corresponding guarantee, in accordance with PRC Company Law.