Shenzhen Invt completes share repurchase program

Shenzhen Invt Electric announced the completion of its share repurchase program, initiated following shareholder approval on May 8, 2024. The company used its own funds to repurchase 9,894,300 shares, representing 1.22% of the current total share capital. The repurchase occurred between June 24, 2024, and July 4, 2025, with share prices ranging from CNY 5.38 to CNY 7.92 per share, resulting in a total transaction amount of CNY 62,014,923 (excluding transaction costs). The repurchased shares will be used for equity incentives or employee stock ownership plans. The company's board confirms the repurchase adhered to all relevant regulations, with no impact on the company's listing status or control.