Sinotrans details significant progress in A-share buyback program

Sinotrans Co., Ltd. has announced significant progress in its A-share repurchase program, with a cumulative 88,254,536 A-shares repurchased through centralized bidding transactions as of August 31, 2025. This represents 1.21% of the company's total share capital on that date. The repurchased shares were acquired at prices ranging from 4.67 yuan per share to 5.32 yuan per share, with a total expenditure of 448,336,545.94 yuan (excluding transaction fees).

The buyback initiative, approved at shareholder meetings on November 15, 2024, aims to reduce registered capital and is scheduled to be completed within 12 months from the approval date. The total planned repurchase amount is between 271m yuan (inclusive) and 542m yuan (inclusive), with a maximum repurchase price of 7.43 yuan per share (inclusive).

Sinotrans stated that the repurchase aligns with all relevant laws and regulations, as well as the company’s share repurchase plan. The company will continue to make repurchase decisions based on market conditions within the stipulated timeframe and will fulfill information disclosure obligations regarding the progress of the buyback.