NARI Technology adjusts share repurchase price after interim dividend payout

NARI Technology Co., Ltd. has adjusted the upper limit of its share repurchase price from RMB 33.70 per share to RMB 33.55 per share, effective September 30, 2025. This adjustment is a direct consequence of the company's 2025 interim equity distribution.

The interim equity distribution involves a cash dividend of RMB 0.147 per share (tax inclusive) to all shareholders, excluding shares held in the company's dedicated repurchase account. This payout is based on a total share capital of 7,988,286,804 shares, after deducting 43,801,455 shares held in the repurchase account from the total registered capital of 8,032,088,259 shares. The ex-dividend date for this distribution is September 30, 2025.

The share repurchase program, initially proposed on April 7, 2025, aims to repurchase shares worth between RMB 500 million and RMB 1 billion at a maximum price of RMB 34.13 per share for future equity incentive plans. NARI Technology clarified that the adjustment to the repurchase price is calculated using a formula that subtracts the cash dividend per share and accounts for no change in outstanding shares.