Mingzhi Technology announced that the company will cancel 266,590 shares in the special securities account for repurchase, accounting for 0.2151% of the total share capital before cancellation. The cancellation date is November 4, 2026. After the cancellation is completed, the total share capital of the company will be changed from 123,956,072 shares to 123,689,482 shares, and the registered capital will be reduced from 1239.561 million yuan to 123.6895 million yuan. The original use of the shares was for employee stock ownership plans or equity incentives. After deliberation and approval by the board of directors and the Extraordinary Shareholders' Meeting, they were cancelled to reduce the registered capital. No relevant requirements were received from creditors during the debt filing period. The cancellation will not have a significant impact on the company's operations and listing position.

Mingzhi Technology announced that the company will cancel 266,590 shares in the special securities account for repurchase, accounting for 0.2151% of the total share capital before cancellation. The cancellation date is November 4, 2026. After the cancellation is completed, the total share capital of the company will be changed from 123,956,072 shares to 123,689,482 shares, and the registered capital will be reduced from 1239.561 million yuan to 123.6895 million yuan. The original use of the shares was for employee stock ownership plans or equity incentives. After deliberation and approval by the board of directors and the Extraordinary Shareholders' Meeting, they were cancelled to reduce the registered capital. No relevant requirements were received from creditors during the debt filing period. The cancellation will not have a significant impact on the company's operations and listing position.