GoerTek's share repurchase program exceeds 338m yuan

GoerTek Inc. announced the latest progress of its share repurchase program, initiated on April 10, 2025. As of August 31, 2025, the company has cumulatively repurchased 16,132,846 shares through centralized bidding via a dedicated securities account. This accounts for 0.46% of the company's total share capital. The repurchases were executed using a combination of self-owned and self-raised funds.

The total amount spent on these repurchases stands at 338,088,841.68 yuan, excluding transaction fees. The shares were bought at a maximum price of 21.65 yuan per share and a minimum price of 20.35 yuan per share. This repurchase is part of a broader plan to buy back shares worth between 500m yuan and 1bn yuan for employee stock ownership or equity incentive plans, with a maximum repurchase price of 38.97 yuan per share.

GoerTek will continue to implement the repurchase program within the stipulated 12-month period, which began on April 10, 2025, and will ensure timely disclosure of further progress.