Share repurchase underway at Chemical Company

Zhejiang Satellite Petrochemical announced the progress of its ongoing share repurchase program. As of June 30, 2025, the company has repurchased 12,078,379 shares, representing 0.3586% of the company's total share capital. The repurchases were made through a dedicated securities account via centralized competitive bidding. The highest transaction price was CNY 18.90 per share, and the lowest was CNY 17.10 per share, with the total transaction amount reaching CNY 217,840,121.19 (excluding transaction costs). The company states that the repurchase activities comply with relevant laws and regulations, as well as the company's established share repurchase plan. The company will continue to implement the repurchase plan within the repurchase period, adapting to market conditions and adhering to regulatory requirements.