Haers begins first share buyback, spending nearly 3m yuan

Zhejiang Haers Vacuum Containers Co., Ltd. initiated its first share repurchase on September 2, 2025, via centralized bidding on the Shenzhen Stock Exchange. The company repurchased 370,000 shares, representing 0.08% of its total share capital. The transaction occurred at a highest price of 8.14 yuan per share and a lowest price of 8.03 yuan per share, with a total cost of 2,990,991 yuan, excluding stamp duty and transaction fees.

This buyback is part of a previously approved plan by the board on April 20, 2025, to repurchase between 80,000,000 yuan and 160,000,000 yuan worth of shares, not exceeding 10.85 yuan per share. The repurchased shares are intended for future equity incentive or employee stock ownership plans. The buyback period is within 12 months from the board's approval.

Prior to this, as of August 31, 2025, the company's dedicated share repurchase account had not purchased any shares. The company stated the current repurchase aligns with relevant regulations and its previously announced buyback plan.