Neway Valve corrects restricted share repurchase price adjustment

Neway Valve (Suzhou) Co., Ltd. announced a correction to its November 6, 2025, filing regarding the repurchase and cancellation of restricted shares and the adjustment of the 2023 restricted stock incentive plan repurchase price. The correction primarily impacts the adjusted repurchase price for both initially granted and reserved restricted shares.

For the initially granted shares, the corrected repurchase price is 4.71 yuan per share, adjusted from 7.33 yuan per share. This revised figure follows a series of dividend-related adjustments. Similarly, for the reserved granted shares, the adjusted repurchase price is also 4.71 yuan per share, down from an initial 6.81 yuan per share.

Consequently, the total funds required for the repurchase of these restricted shares have been updated to approximately 1,145,603.88 yuan, an increase from the previously stated 1,123,713.36 yuan. The funding for this repurchase will continue to be sourced from the company's own capital.