Visionox delays share repurchase plan approval by board

Visionox Technology Co., Ltd. announced that as of August 31, 2025, it has not yet commenced the share repurchase plan approved by its board of directors at its meeting on April 29, 2025. The plan allows Visionox to use its own and self-raised funds to repurchase RMB common shares (A-shares) through the Shenzhen Stock Exchange, with a total value not less than RMB0.5 bn (inclusive) and not exceeding RMB1 bn (inclusive), and a repurchase price not exceeding RMB14.80/share (inclusive).

The repurchased shares are intended for future equity incentive plans or employee stock ownership plans. The repurchase period is within 12 months from the date the board of directors approved the repurchase plan. Details of the original plan were disclosed on April 30, 2025, in various financial news outlets and on www.cninfo.com.cn.

The company will continue to monitor market conditions and, within the repurchase period, implement the repurchase plan as deemed appropriate, adhering to relevant laws and regulations and fulfilling its information disclosure obligations. Investors are advised to be aware of potential investment risks.