Robotechnik completes share repurchase, reducing total capital

Robotechnik Intelligent Technology Co., Ltd. has announced the completion of the repurchase and cancellation of a portion of its restricted shares. This action involved 42 incentive recipients, with a total of 84,280 restricted shares repurchased and cancelled, representing 0.050% of the company's total share capital before the repurchase. The total repurchase amount was RMB 1,876,243.60, funded entirely by the company's own capital.

Following this repurchase and cancellation, Robotechnik's total share capital has decreased from 167,692,391 shares to 167,608,111 shares. The repurchase was prompted by the company's failure to meet its 2024 annual performance targets and the departure of one incentive recipient.

The repurchase price for restricted shares held by departing employees was adjusted to RMB 21.07 per share, while shares subject to cancellation due to unmet performance targets were repurchased at RMB 22.27 per share. The company will proceed with the relevant industrial and commercial registration changes.