NARI Tech announces progress in share repurchase program

NARI Technology announced the progress of its share repurchase program, initiated upon the proposal of former Chairman Shan Shewu on April 7, 2025. As of April 30, 2025, the company had repurchased 6,882,583 shares via centralized bidding, representing 0.086% of the company's total share capital. The repurchase price ranged from CNY 22.13 to CNY 22.30 per share, with a total expenditure of CNY 152,978,403.92 (excluding transaction costs). The repurchase program, approved by the board on April 14, 2025, aims to repurchase shares for future equity incentive plans, with a budget ranging from CNY 500 million to CNY 1 billion. The program will continue until April 13, 2026. NARI Technology has stated it will continue to disclose progress in a timely manner.