China Jushi completes share buyback for employee incentive plan

China Jushi Co., Ltd. has successfully completed its share repurchase program, acquiring 34,528,223 shares of its own stock, representing approximately 0.86% of the company's total share capital. The total expenditure for the buyback amounted to 539,657,450 yuan, with share prices ranging from 14.80 yuan to 16.20 yuan per share. The repurchase was conducted via open market transactions on the Shanghai Stock Exchange.

The repurchased shares are earmarked for the company's equity incentive plan. If the equity incentive plan does not receive necessary approvals from the state-owned assets supervision and administration commission or shareholder resolution, these shares will be cancelled and the registered capital reduced within three years of the buyback results announcement.

The buyback period ran from October 21, 2025, to November 24, 2025, concluding earlier than the initial projected end date of October 20, 2026. The company confirmed that using its own funds and dedicated bank loans for the repurchase will not adversely affect its operations, financial condition, or control structure.