Haier Smarthome Co., Ltd. (Haier Smarthome) announced that it has completed the cancellation of a portion of the repurchased shares and correspondingly reduced the company's registered capital. The cancellation involves 54,051,559 shares, accounting for approximately 0.57% of the total share capital before cancellation, reducing the company's total share capital from 9,438,114,893 shares to 9,384,063,334 shares. The share cancellation was completed on September 10, 2024, in compliance with legal requirements. Haier Smarthome previously approved a repurchase plan on March 5, 2021, and completed the repurchase on November 16 of the same year, originally intended for employee shareholding plans or stock-based incentives. On June 20, 2024, the company's shareholders' meeting decided to change the purpose of the repurchased shares to cancellation in order to reduce the registered capital. The company stated that this action will not have a significant impact on the company's financial condition, operational results, debt repayment ability, or sustainable business ability, and will not harm shareholder interests or affect the company's listing status.

Haier Smarthome Co., Ltd. (Haier Smarthome) announced that it has completed the cancellation of a portion of the repurchased shares and correspondingly reduced the company's registered capital. The cancellation involves 54,051,559 shares, accounting for approximately 0.57% of the total share capital before cancellation, reducing the company's total share capital from 9,438,114,893 shares to 9,384,063,334 shares. The share cancellation was completed on September 10, 2024, in compliance with legal requirements. Haier Smarthome previously approved a repurchase plan on March 5, 2021, and completed the repurchase on November 16 of the same year, originally intended for employee shareholding plans or stock-based incentives. On June 20, 2024, the company's shareholders' meeting decided to change the purpose of the repurchased shares to cancellation in order to reduce the registered capital. The company stated that this action will not have a significant impact on the company's financial condition, operational results, debt repayment ability, or sustainable business ability, and will not harm shareholder interests or affect the company's listing status.