IKD initiates share repurchase program via open market

IKD announced the commencement of its share repurchase program via centralized bidding, initially disclosed on June 19, 2025. The repurchase, effective between June 18, 2025, and June 17, 2026, aims to utilize between CNY 100 million and CNY 200 million. The funds will support employee stock ownership or equity incentive plans. As of July 4, 2025, IKD has repurchased 479,000 shares, representing 0.05% of the company's total share capital. The purchases ranged from CNY 15.41 to CNY 15.50 per share, totaling CNY 7,417,690.00 (excluding transaction costs). The company will continue to make repurchase decisions based on market conditions and regulatory requirements. The maximum repurchase price has been adjusted to CNY 23.87, reflecting the 2024 annual equity distribution.