Hundsun Technologies Inc(600570) : Hundsun Technologies Inc(600570) announcement on the progress of repurchasing the company’s shares by means of centralized bidding transaction

Hundsun Technologies Inc(600570)

Securities code: – 6003

Announcement on the progress of repurchasing the company’s shares by means of centralized bidding transaction

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and are jointly and severally liable for false records, misleading statements or major omissions in the announcement.

Hundsun Technologies Inc(600570) (hereinafter referred to as ” Hundsun Technologies Inc(600570) ” or “the company”) held the 22nd Meeting of the seventh board of directors on February 14, 2022, deliberated and adopted the plan on repurchase of shares of the company by means of centralized bidding transaction. The company plans to use its own funds of no less than RMB 100 million and no more than RMB 150 million to repurchase shares of the company. The repurchase period is 12 months from the date when the board of directors deliberates and approves the share repurchase plan. For details of this share repurchase, please refer to the announcement on the share repurchase scheme of the company by means of centralized bidding transaction (Announcement No.: 2022004) disclosed by the company on February 15, 2022.

According to the relevant provisions of the rules on share repurchase of listed companies and the guidelines for self discipline supervision of listed companies of Shanghai Stock Exchange No. 7 – share repurchase, the listed company shall announce the progress of share repurchase as of the end of last month within the first three trading days of each month. The progress of the company’s share repurchase is hereby announced as follows:

By the end of April 2022, the company had repurchased 302400 shares in total, accounting for 0.0207% of the total share capital of the company. The lowest price of purchase was 34.33 yuan / share, the highest price was 35.41 yuan / share, and the total amount paid was 10462244 yuan (excluding transaction costs).

The above repurchase complies with the relevant provisions of laws and regulations and the requirements of the company’s share repurchase plan. Subsequently, the company will implement the share repurchase plan within the repurchase period in strict accordance with the market conditions and the requirements of laws and regulations such as the securities law of the people’s Republic of China, the rules for share repurchase of listed companies, the guidelines for self discipline supervision of listed companies of Shanghai Stock Exchange No. 7 – share repurchase, and timely fulfill the obligation of information disclosure. Please pay attention to investment risks.

It is hereby announced.

Hundsun Technologies Inc(600570) May 5, 2022

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