Qia Qia Food continues share repurchase program

Qia Qia Food Co., Ltd. (SZSE:002557) announced further progress in its share repurchase program. By March 31, 2025, the company had repurchased 723,200 shares through its dedicated securities account, representing 0.143% of the company's total share capital. The highest transaction price was CNY 29.53 per share, and the lowest was CNY 26.05 per share, with a total transaction amount of CNY 19,998,147.00 (excluding transaction fees). The repurchase is funded by the company's own capital and a special loan for share repurchase. The company stated that it will continue to implement the repurchase plan based on market conditions. The share repurchase adheres to relevant laws and regulations. The purpose of the repurchase is to use the shares for future equity incentive plans or employee stock ownership plans.