Guizhou Tire: Cancel 63,900 shares to repurchase shares, total share capital reduced.

date
06/11/2025
Guizhou Tire announced that on November 5, 2025, the company completed the partial repurchase and cancellation of shares, canceling 63,900 shares, accounting for 0.004% of the total pre-cancellation shares. After the cancellation, the total share capital of the company decreased from 1,554,688,404 shares to 1,554,624,504 shares, and the registered capital correspondingly decreased. From 2022 to 2023, the company implemented a share repurchase plan for equity incentives, with 63,900 shares remaining after the grants. In August and September of 2025, the board of directors and shareholders' meeting of the company reviewed and approved the change in the use of these shares to cancellation. This cancellation has no significant impact on the company, and subsequent procedures such as business registration changes will be handled.