Wuxi Taiji yet to commence share repurchase program

Wuxi Taiji Industry has announced that it has not yet commenced its share repurchase program as of May 31, 2025, according to an announcement released on June 4, 2025. The repurchase program, approved at the company's annual general meeting on May 16, 2025, authorizes the company to repurchase shares via centralized bidding on the Shanghai Stock Exchange, using its own or self-raised funds. The total repurchase amount is planned to be between CNY 100 million and CNY 120 million, with a repurchase price not exceeding CNY 10.38 per share. The repurchased shares are intended to be cancelled to reduce registered capital. The repurchase period extends for 12 months from the date of shareholder approval. The company stated that it will strictly adhere to relevant regulations and disclose information in a timely manner.