Senior Material completes share repurchase program

Shenzhen Senior Technology Material (SZSE:300568) announced the completion of its share repurchase program, initially approved on February 17, 2025. The company repurchased 8,580,200 shares, representing 0.64% of the total share capital, for a total expenditure of RMB 99,989,740.96 (excluding transaction costs). The highest purchase price was RMB 12.06 per share, and the lowest was RMB 11.25 per share, with an average price of RMB 11.65. The repurchased shares will be used for employee stock ownership plans. The repurchase aligns with previous announcements and relevant regulations. The company has confirmed that no insiders traded shares during the repurchase period. The repurchase will not impact the company's operations, financials, or control structure.