Jihua Group repurchases shares, reduces capital

Jihua Group Corp. has announced its share repurchase progress, detailing the acquisition of 3,055.9001 million shares as of October 31, 2025. This represents 0.6958% of the company's total share capital. The repurchase was executed within a price range of RMB 2.51 to RMB 4.02 per share, totaling an expenditure of RMB 10,000.1808 million.

The share repurchase program, initially proposed on December 7, 2024, has an implementation period from December 23, 2024, to December 22, 2025. The company intends to repurchase shares totaling RMB 100 million to RMB 200 million, primarily to reduce its registered capital by cancelling the repurchased shares.

Despite not conducting any repurchases in October 2025, Jihua Group confirmed its commitment to strictly adhere to regulatory guidelines. The company plans to continue making repurchase decisions based on market conditions within the established timeframe and will keep investors informed of further developments.