Jihua Group nears completion of share repurchase program

Jihua Group Corporation Limited has announced substantial progress on its share repurchase program, with a total of 3,055.9001 million shares repurchased as of November 30, 2025. This represents 0.6958% of the company's current total share capital. The total amount spent on the repurchase stands at CNY 10,000.1808 million, with shares acquired at prices ranging from CNY 2.51 per share to CNY 4.02 per share.

The share repurchase, approved by the board on December 6, 2024, and by shareholders on December 23, 2024, is intended to reduce the company's registered capital. The program, which commenced on December 23, 2024, is scheduled to conclude by December 22, 2025. The company initially earmarked CNY 10,000 million to CNY 20,000 million for this initiative.

Jihua Group confirmed that no repurchases were conducted during November 2025. The company reiterated its commitment to comply with relevant regulations, making repurchase decisions based on market conditions and fulfilling information disclosure obligations.