INVT's share repurchase exceeds 1% of total share capital

Shenzhen INVT Electric (SZSE:002334) announced that its share repurchase program has reached a milestone, with the company having repurchased 8,295,000 shares as of May 30, 2025, representing 1.02% of the company's total share capital. The repurchases were executed through a centralized bidding transaction, with prices ranging from CNY 5.38 to CNY 7.90 per share, totaling CNY 49,629,573 (excluding transaction costs). This buyback adheres to the previously approved repurchase plan and relevant regulations. INVT plans to continue the repurchase program, subject to market conditions and funding arrangements, within the established repurchase period, which has been extended to February 8, 2026.