China Avionics Systems advances share repurchase program

As of August 31, 2025, China Avionics Systems Co., Ltd. has repurchased 4,757,100 shares through centralized bidding, representing 0.10% of its total share capital. The highest price paid was RMB 12.80 per share, and the lowest was RMB 12.52 per share. The cumulative amount spent on these repurchases, excluding transaction fees, stands at RMB 59,935,353.59.

The company's board approved the share repurchase plan on April 18, 2025, with an initial repurchase price cap of RMB 17.13 per share. Following the implementation of the 2024 annual equity distribution, this price cap was adjusted to RMB 17.06 per share. The repurchased shares are intended for employee stock ownership plans or equity incentive plans.

The total planned repurchase amount ranges from RMB 300 million to RMB 500 million, with the program's implementation period set from April 21, 2025, to April 20, 2026. The company affirms that the current repurchase progress adheres to relevant laws, regulations, and the requirements of its share repurchase plan.