Haier Smart Home updates A-share buyback and dividend plans

Haier Smart Home Co., Ltd. has updated the market on its A-share buyback program and dividend distribution. As of October 31, 2025, the company had cumulatively repurchased 40,482,500 A-shares, representing 0.431% of its total share capital, at a total cost of CNY 1,016,824,165.24. The repurchases occurred within a price range of CNY 23.60 to CNY 26.64 per share. This buyback commenced on April 7, 2025, and is part of a larger plan to repurchase shares valued between CNY 1,000,000,000 and CNY 2,000,000,000 for employee stock ownership or equity incentive plans.

The company also announced its 2025 semi-annual profit distribution plan, approved on October 16, 2025. A cash dividend of CNY 0.2692 (pre-tax) per A-share will be distributed to shareholders registered by November 6, 2025. Due to shares held in the buyback account not being eligible for dividends, the distribution will involve differentiated ex-dividend and ex-rights treatment, with a minor impact of 0.0112% on the ex-dividend reference price.

The legal opinion from Zhong Lun Law Firm confirms that the differentiated dividend distribution complies with relevant laws and regulations, asserting no harm to the company or its shareholders. Various tax rates apply to individual investors, QFII, and "Northbound Trading" investors, depending on holding periods and residency status, with resident enterprise shareholders responsible for self-declaration of tax.