Sichuan Road & Bridge updates on share buyback progress

Sichuan Road & Bridge Construction Group Co., Ltd. (Sichuan Road & Bridge) has announced the progress of its share repurchase program as of September 30, 2025. The company has cumulatively repurchased 2,028,900 shares through centralized bidding transactions. This represents 0.0233% of the company's total share capital. The repurchased shares were acquired at a maximum price of RMB 8.79 per share and a minimum price of RMB 8.62 per share.

The total amount expended on these repurchases, excluding transaction fees, stands at RMB 17,659,481.67. This buyback initiative, approved by the board on April 29, 2025, is intended for employee stock ownership plans or equity incentives, or for converting the company's issued convertible bonds. The program is set to conclude by April 29, 2026.

The company plans to repurchase between RMB 100 million and RMB 200 million worth of shares. Following a dividend distribution on July 11, 2025, the maximum repurchase price was adjusted from RMB 12.54 per share to RMB 12.16 per share. Sichuan Road & Bridge confirms that the current repurchase progress aligns with relevant laws, regulations, and its established buyback plan.