IKD updates on share repurchase program and convertible bond conversions

IKD is progressing with its share repurchase plan, initiated on June 18, 2025, with a budget of 100,000,000 yuan to 200,000,000 yuan. As of September 30, 2025, the company had cumulatively repurchased 5,691,400 shares, representing 0.58% of its total share capital, for a total of 92,074,000 yuan. The repurchases occurred at prices ranging from 15.37 yuan to 18.00 yuan per share, with the repurchased shares intended for employee stock ownership or equity incentives. No repurchases were conducted in September 2025.

Concurrently, the company also reported on the conversion of its AIDI Convertible Bonds. Since their conversion start date on March 29, 2023, and up to September 30, 2025, 368,000 yuan of AIDI Convertible Bonds have been converted into 20,086 shares, representing 0.0023% of the company's total shares prior to conversion. Between July 1 and September 30, 2025, 117,000 yuan of the bonds were converted into 6,596 shares.

As of September 30, 2025, 1,569,632,000 yuan of the AIDI Convertible Bonds remained unconverted, accounting for 99.9766% of the total issuance. The total share capital of IKD has slightly increased from 985,121,171 shares to 985,348,267 shares, reflecting the convertible bond conversions and restricted stock grants.