Universal Scientific Industrial continues share repurchase program

Universal Scientific Industrial (Shanghai) Co., Ltd. announced its latest share repurchase progress for November 2025. During November, the company repurchased 4,216,450 shares through centralized bidding, representing approximately 0.19% of its total share capital. The shares were acquired at prices ranging from RMB20.41 to RMB24.02 per share, with a total expenditure of RMB95,689,355.00 (excluding transaction fees).

As of the end of November 2025, the company has cumulatively repurchased 6,232,900 shares, accounting for 0.28% of its total share capital. The cumulative repurchase cost reached RMB131,542,583.26 (excluding transaction fees), with prices ranging from RMB13.96 to RMB24.19 per share. The repurchased shares are intended for use in employee stock ownership plans or equity incentive programs.

The current repurchase plan, approved on April 25, 2025, aims to repurchase shares with funds between RMB150,000,000 and RMB300,000,000 over a 12-month period. The maximum repurchase price has been adjusted multiple times, most recently to RMB30.00 per share, to accommodate market conditions and a 2024 annual equity distribution. The company reaffirms its commitment to transparency and will continue to disclose progress in accordance with regulatory requirements.