ST JINKE: Plans to cancel 37.06 million repurchased shares

*ST JINKE announced that the company plans to cancel 37.06 million shares of publicly held stock that have been repurchased. This move is due to the company's failure to implement an employee stock ownership plan or equity incentive plan within 36 months after the termination of the share repurchase. This cancellation has been approved by the board of directors and is subject to review by the shareholders' meeting. After the cancellation is completed, the company's registered capital will be correspondingly reduced, but it will not adversely affect the company's operations, finances, research and development, debt performance capability, or future development, nor will it lead to a change in the company's control