Huafa Industrial continues share repurchase program

Huafa Industrial Zhuhai (SSE:600325) announced the continued progress of its share repurchase program. As of March 31, 2025, the company had repurchased 4.67 million shares via the Shanghai Stock Exchange's trading system, representing 0.170% of the company's total share capital. The repurchase transaction prices ranged from CNY 5.21 to CNY 5.83 per share, with a total expenditure of CNY 25,079,352 (excluding transaction costs). The company intends to use the repurchased shares for employee stock ownership plans or equity incentives, in line with the repurchase plan approved by the board of directors on October 29, 2024. The share repurchase program, valued between CNY 300 million and CNY 600 million, is valid for 12 months. Huafa Industrial Zhuhai will continue to implement the repurchase program and disclose further developments as required.