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Dahua Technology advances share repurchase program

September 3, 2025 at 05:14 PM UTCBy FilingReader AI

Zhejiang Dahua Technology Co., Ltd. (Dahua Technology) has announced the latest progress in its share repurchase program, approved at its 2024 Annual General Meeting. As of August 31, 2025, the company has repurchased 6,652,200 shares, representing 0.20% of its total share capital. The buyback was executed through centralized bidding via a dedicated securities account.

The total transaction value for these repurchased shares reached CNY 103,413,500, excluding transaction fees. The shares were acquired at a maximum price of CNY 15.71 per share and a minimum price of CNY 15.16 per share, utilizing the company’s own funds. This repurchase is part of a broader plan to buy back shares worth between CNY 300,000,000 and CNY 500,000,000, with a maximum price of CNY 27.26 per share, to reduce registered capital.

The repurchase period, which commenced after the shareholder approval, is set for 12 months. Dahua Technology will continue to monitor market conditions to make further repurchase decisions and fulfill its information disclosure obligations in accordance with relevant regulations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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