Tech firm to cancel shares in performance pledge

Runze Computing Technology Group Co., Ltd. announced it will proceed with the repurchase and cancellation of 87,138,076 shares from four shareholders to fulfill performance compensation obligations. This represents 5.0618% of the company's pre-cancellation share capital. The cancellation will occur at a price of CNY 1.00 in total. Following the cancellation, Runze Computing's total share capital will decrease from 1,721,481,649 shares to 1,634,343,573 shares. The company stated that this move will not alter its controlling shareholders or actual controllers, and its share distribution will still comply with listing requirements.