NARI Tech announces progress in share repurchase program

NARI Technology (SSE:600406) announced an update on its share repurchase program initiated on April 7, 2025, following a proposal from then-Chairman Shan Shewu. As of May 31, 2025, the company has repurchased 7,882,583 shares, representing 0.098% of its total share capital. The repurchases were made through centralized bidding transactions, with prices ranging from CNY 22.13 to CNY 22.31 per share, resulting in a total expenditure of CNY 175,247,024.63 (excluding transaction costs). The repurchased shares are intended for use in future equity incentive plans. The company stated that it would continue to implement the repurchase plan in compliance with relevant regulations and market conditions.