Huafa Industrial advances share buyback for employee incentives

Huafa Industrial Zhuhai announced the ongoing progress of its share repurchase program, primarily intended for employee stock ownership plans or equity incentives. As of August 31, 2025, the company has cumulatively repurchased 25.72 million shares, representing 0.935% of its total share capital. The total amount spent on the buyback program reached 129,933,448.2 yuan, with share prices ranging from 4.78 yuan to 5.83 yuan per share.

During August 2025 alone, Huafa Industrial repurchased 1.95 million shares through centralized bidding transactions, accounting for approximately 0.071% of its total share capital. The highest price paid for shares in August was 5.32 yuan per share, and the lowest was 5.16 yuan per share, totaling 10,175,592 yuan for the month.

The buyback program, initially proposed on October 18, 2024, has an overall budget of 300 million yuan to 600 million yuan and is set to conclude by October 28, 2025. The company confirms that the repurchases adhere to relevant laws and regulations and the approved buyback plan.