Haier Smart Home continues A-share buyback program

Haier Smart Home Co., Ltd. has announced further progress in its A-share repurchase program. As of the end of August 2025, the company has cumulatively repurchased 35,946,200 A-shares, representing 0.383% of its total share capital. The total amount paid for these repurchases stands at CNY 898,991,390.24, with share prices ranging from CNY 23.60 to CNY 26.30 per share.

During August 2025 alone, Haier Smart Home repurchased 2,565,400 A-shares, which accounts for 0.027% of its total share capital. These specific repurchases were executed at prices between CNY 24.82 and CNY 25.65 per share, totaling CNY 64,926,829.00. The company initially proposed the buyback on March 28, 2025, with an expected completion by March 27, 2026, targeting a total value between CNY 1,000,000,000 and CNY 2,000,000,000.

The primary purpose of this share repurchase program is for employee stock ownership plans or equity incentives, aligning with the company's commitment to its workforce and shareholder value. Haier Smart Home confirmed that these repurchases adhere to relevant laws and regulations, and it will continue to monitor market conditions to make further buyback decisions.