Shenzhen Senior Technology Material to reduce capital, shares after repurchase cancellation

Shenzhen Senior Technology Material announced on December 26, 2025, the cancellation of 2,413,500 repurchased shares held in its special securities account. This action, approved by the board of directors, is subject to shareholder approval and is due to the shares not being utilized for equity incentive or employee stock ownership plans within 36 months of repurchase.

The original share repurchase, totaling RMB 50,764,477, occurred between October 2022 and January 2023, with a maximum price of RMB 23.49 per share and a minimum of RMB 18.80 per share. The cancellation will lead to a reduction in the company's total share capital and registered capital.

Following the cancellation, Shenzhen Senior Technology Material's registered capital will decrease from RMB 1,348,124,139 to RMB 1,345,710,639, and the total share count will similarly reduce from 1,348,124,139 shares to 1,345,710,639 shares. The board of directors confirmed that these changes comply with legal and regulatory requirements and will not materially impact the company's financial performance or business operations, nor will they alter its controlling shareholder, actual controller, or listing status.