China Avionics Systems nears halfway point in share buyback program

As of September 30, 2025, China Avionics Systems Company Limited has repurchased 13,004,400 shares through concentrated bidding, representing 0.2687% of its total share capital. The total expenditure for these repurchases amounts to 159,885,393.78 yuan (excluding transaction fees). The highest price paid per share was 12.80 yuan, and the lowest was 11.70 yuan.

The company's board initially approved the repurchase plan on April 18, 2025, with an allocated budget of 30,000.00 yuan to 50,000.00 yuan. The shares are intended for employee stock ownership plans or equity incentives. Following a dividend distribution in 2024, the maximum repurchase price was adjusted from 17.13 yuan per share to 17.06 yuan per share on June 12, 2025.

The repurchase period is set from April 21, 2025, to April 20, 2026. The company affirms that progress aligns with relevant laws, regulations, and its established repurchase scheme, committing to disclose further developments as required.