TOPNC Secures 99.99% Shareholder Approval for H-Share Buyback Mandate

Bulletin Express07-29

Shanghai Top Numerical Control Technology Co., Ltd. (TOPNC) reported that its extraordinary general meeting (EGM) on 29 July 2026 overwhelmingly endorsed a special resolution authorising the board to repurchase H shares during the designated mandate period.

• Voting outcome: 363.19 million shares, or 99.99% of votes cast, supported the mandate; 0 votes were recorded against, and 0.04 million shares (0.01%) abstained. • Participation: 363.23 million shares were represented at the meeting—equivalent to 86.67% of TOPNC’s total 419.08 million issued shares. • Share structure at the EGM date: 381.27 million H shares and 37.81 million unlisted shares, with no treasury stock reported.

All directors attended the hybrid meeting, and Tricor Investor Services Limited acted as scrutineer. No additional proposals were submitted or voted upon. The approved mandate empowers the board to execute H-share repurchases within the prescribed period, subject to applicable regulations.

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