Jiahua Energy nears completion of share repurchase program

Zhejiang Jiahua Energy Chemical Industry Co., Ltd. has announced significant progress in its share repurchase program, with 34,559,500 shares repurchased as of October 31, 2025. This represents 2.55% of the company's total share capital. The repurchases were executed through centralized bidding, with prices ranging from RMB 8.02 to RMB 9.14 per share, totaling RMB 298,112,000 (excluding transaction fees).

The company initially disclosed its repurchase plan on April 10, 2025, with a target repurchase amount of RMB 400,000,000 to RMB 600,000,000. The program, spanning from May 1, 2025, to April 30, 2026, aims to reduce registered capital and support employee stock ownership plans or equity incentives. The maximum repurchase price, initially RMB 12.01 per share, was adjusted to RMB 11.63 per share following dividend distributions.

Zhejiang Jiahua Energy Chemical Industry Co., Ltd. confirmed that the current repurchase activities comply with relevant laws, regulations, and the company's repurchase plan. The company will continue to make repurchase decisions opportunistically within the specified timeframe and provide timely information disclosure regarding the program's progress.