NARI Technology makes progress on employee share buyback program

NARI Technology Co., Ltd. has announced the progress of its share repurchase program through centralized bidding, following a proposal initiated by its then-chairman Shan Shewu on April 7, 2025. The company's board approved the use of its own funds to repurchase shares for future implementation of equity incentive plans. The total repurchased amount is targeted between 500 million yuan and 1 billion yuan, with a maximum repurchase price of 33.55 yuan per share.

As of September 30, 2025, NARI Technology has cumulatively repurchased 20,947,491 shares, representing 0.261% of its total share capital of 8,032,088,259 shares. The repurchases were executed at prices ranging from 21.71 yuan per share to 22.31 yuan per share. The total expenditure for these repurchases amounted to 461,634,688.09 yuan, excluding transaction fees.

The company confirmed that the share repurchase activities comply with relevant laws, regulations, and its approved repurchase plan. NARI Technology stated it will continue to execute the buyback within the specified timeframe, making timely decisions based on market conditions and fulfilling information disclosure obligations.