Universal Scientific Industrial accelerates share repurchase program

Universal Scientific Industrial disclosed its share repurchase progress for October 2025. During the month, the company repurchased 877,500 shares through centralized bidding, representing approximately 0.04% of its total share capital. The highest price paid was RMB 24.19 per share, and the lowest was RMB 18.90 per share, with a total expenditure of RMB 17,515,077.26 (excluding transaction fees).

As of the end of October 2025, Universal Scientific Industrial has cumulatively repurchased 2,016,450 shares, accounting for 0.09% of its total share capital. The highest price paid was RMB 24.19 per share, and the lowest was RMB 13.96 per share. The total amount spent on repurchases to date is RMB 35,853,228.26 (excluding transaction fees). The company aims to repurchase shares with a total value between RMB 150 million and RMB 300 million, to be used for employee stock ownership plans or equity incentives.

The company previously adjusted its share repurchase price upper limit from RMB 19.77 per share to RMB 30.00 per share, as approved by the board of directors on October 27, 2025. The repurchase program commenced on April 25, 2025, and is scheduled to conclude by April 24, 2026.