Jiangsu Zhongtian technology updates on fifth share repurchase program

Jiangsu Zhongtian Technology Co., Ltd. has announced the progress of its fifth share repurchase program through centralized bidding transactions. As of August 31, 2025, the company has cumulatively repurchased 18.7908 million shares, representing 0.5506% of its total share capital. The repurchased shares were acquired at prices ranging from 12.60 yuan per share to 14.80 yuan per share, with a total expenditure of 252.2912 million yuan.

The repurchased shares are intended for the company's employee stock ownership plan. On August 4, 2025, 15.1107 million shares from the dedicated repurchase securities account were transferred to the third-phase employee stock ownership plan securities account. As of August 31, 2025, the dedicated repurchase account holds 3.6801 million shares.

The repurchase program, initially proposed on November 6, 2024, has an estimated value between 200 million yuan and 400 million yuan, and a maximum repurchase price of 22.00 yuan per share. Following a 2024 profit distribution, the maximum repurchase price was adjusted to 21.70 yuan per share, effective July 25, 2025. The company confirms that the repurchase progress complies with relevant laws and regulations.