East Group share repurchase exceeds 1% of total share capital

East Group Co., Ltd. (SZSE:300376) announced that as of April 9, 2025, it had repurchased 24,885,660 of its own shares through a dedicated securities account via concentrated bidding, accounting for 1.0689% of the company's total share capital. The total repurchase amount is CNY 79,652,355.00 (excluding transaction fees), with the highest transaction price at CNY 4.00 per share and the lowest at CNY 2.35 per share. Of the total, 16,826,620 shares were repurchased to maintain the company’s value and shareholder equity, amounting to CNY 54,973,310.20 (excluding transaction fees), which was completed on November 4, 2024. The remaining 8,059,040 shares were repurchased for employee stock ownership plans or equity incentives, costing CNY 24,679,044.80 (excluding transaction fees), and this portion of the repurchase is set to conclude by August 5, 2025. The company will continue to implement the repurchase plan at its discretion.