Ninestar continues share repurchase program

Ninestar Corp. (SZSE:002180) announced further progress in its share repurchase program. From January 31, 2024, to February 28, 2025, the company repurchased 7,350,100 shares via centralized bidding, representing 0.52% of the total share capital. The highest transaction price was 29.99 yuan per share, and the lowest was 18.00 yuan per share, with total expenditure of 159,849,897.53 yuan. This repurchase aligns with the previously approved plan and relevant regulations. The repurchased shares are intended for employee stock ownership plans or equity incentives. Ninestar will continue to execute the repurchase plan based on market conditions and in compliance with applicable laws and regulations.