Shantui Construction Machinery updates on share repurchase plan progress

Shantui Construction Machinery Co., Ltd. announced on September 3, 2025, the latest progress on its share repurchase plan. The company's board approved the repurchase on April 22, 2025, intending to use its own funds or borrowed funds to buy back yuan ordinary shares (A-shares) via centralized bidding. The repurchased shares are earmarked for future equity incentive plans or employee stock ownership plans. The total repurchase amount is set to be between 150 million yuan and 300 million yuan, with a maximum price of 13.88 yuan per share.

Due to a 2024 annual equity distribution implemented on July 15, 2025, the maximum repurchase price was adjusted to 13.82 yuan per share from 13.88 yuan. The repurchase period extends for 12 months from the date of approval. In August 2025, the company did not carry out any share repurchases.

As of August 31, 2025, Shantui Construction Machinery has cumulatively repurchased 5,541,050 shares through its dedicated securities account, representing 0.37% of its current total share capital. The highest price paid was 9.24 yuan per share, the lowest was 8.64 yuan per share, and the total transaction value amounted to 49,989,106.50 yuan (excluding transaction fees).