Avic Aviation High-Technology updates on share repurchase for employee incentives

Avic Aviation High-Technology has provided an update on its share repurchase program, which commenced on July 1, 2025. As of October 31, 2025, the company has cumulatively repurchased 3,539,700 A-shares through centralized bidding transactions. This represents 0.2541% of the company's total share capital. The total capital expenditure for these repurchases amounts to 91,910,124 yuan, excluding transaction fees.

The repurchased shares were acquired at prices ranging from 24.67 yuan per share to 27.61 yuan per share. The company's repurchase plan, originally approved on April 25, 2025, outlined a total repurchase value between 100,000,000 yuan and 200,000,000 yuan, with a maximum price not exceeding 36.00 yuan per share. This maximum price was later adjusted to 35.75 yuan per share following the implementation of the 2024 annual equity distribution.

The company has stated that the repurchased shares are intended for use in an employee stock ownership plan or equity incentive plan. The repurchase program aligns with the company’s commitment to maintaining its value and supporting shareholder interests, in compliance with relevant laws and regulations.