Invt Electric proceeds with share repurchase program

Shenzhen Invt Electric (SZSE:002334) announced the progress of its share repurchase program, approved earlier this year. As of February 28, 2025, the company repurchased 6,570,000 shares, representing 0.81% of the company's current total share capital. The repurchases were made through a dedicated securities account via centralized competitive bidding, with share prices ranging from 5.38 to 5.74 RMB per share. The total transaction value amounted to 36,534,503 RMB (excluding transaction costs). The company confirms these repurchases comply with the previously disclosed repurchase plan and relevant regulations. Invt Electric will continue to implement the repurchase plan based on market conditions and funding arrangements, while adhering to disclosure obligations.