Kingland Pipeline announces share repurchase progress

Zhejiang Kingland Pipeline & Technologies (SZSE:002443) announced the progress of its share repurchase program, revealing that, as of June 30, 2025, the company had repurchased 8,038,800 shares, representing 1.54% of its total share capital. The repurchases were conducted through a dedicated securities account using centralized competitive bidding. The highest transaction price was CNY6.50 per share, while the lowest was CNY5.75 per share. The total transaction amount reached CNY49,941,057.84 (excluding transaction expenses). This repurchase aligns with the company's previously disclosed repurchase plan announced on August 29, 2024, and complies with relevant laws and regulations. The company intends to continue executing the repurchase plan, adjusting its strategy based on market conditions within the allowed repurchase period.