Treasury Share Cancellation (Approx. 10.26%, 24.61M Shares) - Enhancing Shareholder Value | TONGYANG(001520)

Treasury share cancellation plan: 24,439,999 common shares and 171,980 preferred shares, total 24,611,979 shares (approx. 10.26% of total issued shares)
Purpose: Enhance shareholder value
Timing: Within June 2026 (to be finalized through board resolution)
The cancellation scale may change depending on market and business conditions

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