Zhongtian Technology nearly completes current share repurchase program

Jiangsu Zhongtian Technology Co. Ltd. announced that as of September 30, 2025, it has repurchased 18.7908 million shares through centralized bidding transactions. This represents 0.5506% of the company's total share capital. The total amount spent on these repurchases stands at CNY 252.2912 million, with prices ranging from CNY 12.60 to CNY 14.80 per share. The repurchased shares are intended for the company's employee stock ownership plan or equity incentives.

The company's fifth share repurchase program, approved on November 5, 2024, set a total repurchase value target of no less than CNY 200 million and no more than CNY 400 million, with a maximum repurchase price of CNY 22.00 per share. Following a dividend distribution, the maximum repurchase price was adjusted to CNY 21.70 per share effective July 25, 2025.

On August 4, 2025, 15.1107 million shares held in the dedicated repurchase securities account were transferred via non-trade transfer to the third phase of the employee stock ownership plan securities account. As of September 30, 2025, the dedicated repurchase account still holds 3.6801 million shares.