Jereh Oilfield Services announces share repurchase progress

As of May 31, 2025, Yantai Jereh Oilfield Services Group has repurchased 425,400 shares, representing 0.04% of the company's total share capital, through a dedicated securities account via centralized bidding. The highest transaction price was CNY 34.74 per share, and the lowest was CNY 33.67 per share, with a total transaction amount of CNY 14,582,341.00 (excluding transaction costs). This repurchase is funded by the company's own funds and a special loan for share repurchase, with the repurchase price not exceeding CNY 48.31 per share. The company states that the repurchase activities comply with relevant laws and regulations and the requirements of the company's established repurchase plan. Jereh Oilfield Services Group will continue to implement the repurchase plan within the repurchase period based on market conditions and fulfill its information disclosure obligations in a timely manner.