USI announces progress in share repurchase program

Universal Scientific Industrial (Shanghai) (SSE:601231) announced the progress of its share repurchase program for June 2025. The company repurchased 257,400 shares through centralized bidding, representing approximately 0.01% of the total share capital. The highest purchase price was CNY 14.55 per share, and the lowest was CNY 13.96 per share, with a total expenditure of CNY 3,630,573.00 (excluding transaction costs). As of the end of June 2025, the company has cumulatively repurchased 257,400 shares, accounting for 0.01% of the total share capital, for a total cost of CNY 3,630,573.00 (excluding transaction expenses). The repurchase program, approved on April 25, 2025, aims to repurchase shares worth between CNY 150 million and CNY 300 million by April 24, 2026, for employee stock ownership or equity incentives or maintain company value.