Yihua Connector to repurchase and cancel restricted stocks

Wenzhou Yihua Connector (SZSE:002897) announced it will repurchase and cancel 169,000 restricted shares from 11 departing employees, following approval at the company’s board and shareholder meetings in June 2025. The repurchase price is CNY 18.32 per share, plus bank deposit interest. This action will reduce the company's total share capital from 194,049,696 to 193,880,696 shares, and registered capital will decrease from CNY 194,049,696 to CNY 193,880,696. The company has notified its creditors, who have 45 days to claim debt repayment or request corresponding guarantees.