Shanghai Chengtou Holding completes share repurchase program

Shanghai Chengtou Holding Company Limited announced the completion of its share repurchase program, which commenced on October 9, 2025. The company repurchased a total of 12,700,000 shares, representing 0.51% of its total share capital. The aggregate cost for the repurchase amounted to 59,855,993.00 yuan, excluding transaction fees.

The shares were acquired at prices ranging from 4.44 yuan per share to 4.85 yuan per share, with an average price of 4.71 yuan per share. The repurchase was undertaken to safeguard the company's value and shareholder interests.

The repurchased shares are intended to be cancelled within three years following the announcement date, consistent with the original plan disclosed on August 30, 2025. This action is not expected to significantly impact the company's operations, financial position, or control.