AVIC Aviation High-Tech announces share repurchase progress

AVIC Aviation High-Tech (SSE:600862) announced the progress of its share repurchase program, initially disclosed on April 26, 2025. Approved at the eleventh session of the board on April 25, 2025, the company intends to repurchase shares via centralized bidding through the Shanghai Stock Exchange trading system. The allocated funds for the repurchase range from CNY 10,000.00 to CNY 20,000.00. The repurchase price will not exceed CNY 36 per share and will be used for employee stock ownership plans. As of April 30, 2025, the company has not yet commenced the repurchase. AVIC Aviation High-Tech will adhere to regulations and disclose updates in a timely manner, advising investors to be aware of investment risks.