Jinyu Bio-Technology completes share repurchase program for employee incentives

Jinyu Bio-Technology Co., Ltd. announced the completion of its share repurchase program, which commenced on January 22, 2025, and concluded on October 29, 2025. The company repurchased a total of 15,713,300 shares, representing 1.4134% of its total share capital. The aggregate cost of the repurchase amounted to RMB 108,485,391.82, excluding transaction fees.

The shares were repurchased at prices ranging from RMB 6.37 to RMB 8.97 per share, with an average price of RMB 6.90 per share. This initiative aligns with Jinyu Bio-Technology's objective to use the repurchased shares for employee stock ownership plans or equity incentives, as outlined in the initial board resolution.

Following the repurchase and a share cancellation of 8,621,400 shares from a 2023 employee stock ownership plan, Jinyu Bio-Technology's total share capital stands at 1,111,747,826 shares. The company confirmed that the repurchased shares are held in a dedicated securities account and will be utilized as planned within 36 months, with any unused shares to be cancelled.