Airong Software Plans to Cancel 634,700 Repurchased Shares; Registered Capital to Decrease by 634,650 Yuan

【Shanghai, March 13, 2026】 Shanghai Airong Software Co., Ltd. (Stock Code: 920799, Stock Abbreviation: Airong Software) announced today that the company plans to cancel 634,650 shares repurchased. This will result in a corresponding reduction in the company’s total share capital and registered capital, and amendments to relevant clauses in the Articles of Association.

The announcement states that the shares to be canceled originate from the company’s share repurchase plan implemented in April 2023. According to the disclosed “Results Announcement of Share Repurchase” at that time, the company repurchased 634,650 shares, which were originally intended for implementing equity incentives or employee stock ownership plans, but have not yet been granted. To comply with relevant regulations, the company has decided to cancel these shares from the dedicated securities account before the three-year holding period expires.

After the cancellation of the repurchased shares, the company’s total share capital will change from 209,780,050 shares to 209,145,400 shares, a reduction of 634,650 shares.

Based on the changes in total share capital and registered capital, the company intends to amend relevant clauses in the Articles of Association regarding registered capital and total shares. The statements in Article 6 and Article 20 of the original Articles of Association, which specify the company’s registered capital as RMB 209,780,050 and the total number of issued shares as 209,780,050, will be adjusted to RMB 209,145,400 and 209,145,400 shares, respectively. The company emphasizes that, aside from these amendments, other provisions of the Articles of Association remain unchanged, and this adjustment does not involve a change of the company’s registered address.

The announcement also notes that the above matters are subject to approval by the company’s shareholders’ meeting and registration with the administrative department of industry and commerce. The company’s board of directors has authorized relevant personnel to handle related procedures such as business registration changes.

The share cancellation and amendments to the Articles of Association are adjustments made by the company based on its operational development needs and regulatory requirements, aimed at optimizing the company’s share capital structure, improving earnings per share, and effectively safeguarding investors’ interests. Market analysts suggest that share cancellation is generally viewed as a recognition of the company’s value and may have a positive impact on the company’s stock price.

Regarding supporting documents, the company has disclosed the “Resolution of the 19th Meeting of the Fourth Board of Directors of Shanghai Airong Software Co., Ltd.” Investors can view the relevant announcement details on the Beijing Stock Exchange website or through the company’s official channels.

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