Cnano Technology nears end of share repurchase program

Jiangsu Cnano Technology is nearing the finish line on its share repurchase program, which began on January 11, 2025. The program targets between RMB 5 million and RMB 10 million, with shares priced between RMB 43.46 and RMB 63.47. It is primarily aimed at employee stock ownership plans, equity incentives, and the conversion of convertible bonds and equity swaps.

As of August 31, 2025, the company had repurchased 400,000 shares, representing 0.11% of its total share capital of 366,415,836 shares. The total expenditure for these repurchases amounted to RMB 17,476,215.55, including transaction fees. The highest price paid per share was RMB 43.85, while the lowest was RMB 43.46.

The repurchase program is being conducted through a centralized bidding system on the Shanghai Stock Exchange, in accordance with regulatory requirements. The company will continue to disclose the progress of the repurchase until its completion.