SDIC Capital's share repurchase program progresses, convertible bonds eyed

SDIC Capital announced progress in its share repurchase program, with 456,100 shares bought back as of November 28, 2025. This represents 0.0071% of the company's total share capital. The aggregate amount spent on repurchases stands at CNY 3,499,344.00, excluding transaction fees, with shares acquired between CNY 7.58 and CNY 7.71 each.

The board approved the repurchase on April 9, 2025, with a planned total value between CNY 200,000,000.00 and CNY 400,000,000.00. The repurchase period runs from April 9, 2025, to April 8, 2026. The maximum repurchase price, initially CNY 8.90 per share, was adjusted to CNY 8.77 following the 2024 annual equity distribution plan, effective July 17, 2025.

The primary purpose of the repurchase is to convert the company's convertible bonds. SDIC Capital confirmed it did not execute any share repurchases during November 2025 and will continue to make timely disclosures.