Huachuang Yunxin announced that the company's board of directors reviewed and passed a number of proposals. First, it is proposed to cancel 30,353,700 shares from the purchasers and reduce the registered capital. The bill needs to be submitted to the shareholders' meeting for consideration; second, it is proposed to repurchase 1-2 billion yuan of public shares, with a repurchase price of no more than 8.36 yuan/share, and the expected repurchase of 1,196-23.92 million shares, accounting for 0.54%-1.08% of the total share capital. Third, it is proposed to amend the “Articles of Association”, which still requires consideration by the shareholders' meeting; fourth, it is agreed to hold the first 2026 extraordinary shareholders' meeting on August 10, 2026.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.