Guangzhou Sie Consulting continues share repurchase program

Guangzhou Sie Consulting announced continued progress in its share repurchase program, initially approved at a shareholder meeting in August 2024. As of March 31, 2025, the company has repurchased 2,692,950 shares, representing 0.66% of its total share capital. The shares were acquired through a dedicated securities account via centralized bidding. The highest transaction price was CNY 19.79 per share, and the lowest was CNY 13.05 per share, with a total expenditure of CNY 42,385,269 (excluding transaction costs). The repurchase aligns with existing laws and the company's established plan. The initial plan earmarks repurchased shares for equity incentives or employee stock ownership plans (up to 60%) and to reduce registered capital (no less than 40%), with a total budget between CNY 5,000,000 and CNY 10,000,000.