Everwin Precision to start share repurchase program, targeting employee incentives

Shenzhen Everwin Precision Technology Co., Ltd. announced on September 3, 2025, that its proposed share repurchase plan had not yet commenced as of August 31, 2025. The plan, approved by the board of directors on August 26, 2025, involves repurchasing the company's A-share ordinary shares through centralized bidding. These repurchased shares are intended for use in employee stock ownership plans or equity incentive schemes.

The company plans to utilize its own or self-raised funds for the repurchase, with a total investment ranging from no less than 50,000,000 yuan (inclusive) to no more than 100,000,000 yuan (inclusive). The repurchase price per share will not exceed 35 yuan. The specific number of shares to be repurchased will be determined by the actual amount bought back by the end of the repurchase period or its completion. The implementation period for the repurchase is set for 12 months from the date of board approval.

Everwin Precision assures that the timing, quantity, and method of its share repurchase will comply with the established plan and report, as well as relevant laws and regulations, including those set forth by the Shenzhen Stock Exchange. The company will continue to make timely disclosures regarding the progress of the repurchase in accordance with regulatory requirements and urges investors to consider potential risks.