AVIC Jonhon Optronic Technology: Major shareholder cuts stake, company continues buyback

AVIC Jonhon Optronic Technology announced that its major shareholder, Henan Investment Group Co., Ltd., which previously held 7.9838% of the company's total share capital, completed a share reduction plan on September 29, 2025. Henan Investment Group reduced its holdings by 6,999,993 shares, representing 0.33046% of the total share capital, at an average price of yuan 41.085 per share. Following this reduction, Henan Investment Group now holds 7.6534% of the company's total share capital.

Concurrently, AVIC Jonhon Optronic Technology disclosed the progress of its share repurchase program. As of September 30, 2025, the company had cumulatively repurchased 1,911,370 shares, accounting for 0.0902% of its total share capital. The repurchase was conducted at a maximum price of yuan 38.04 per share and a minimum price of yuan 37.3 per share, with a total cost of yuan 72,012,576.87.

The company plans to continue its repurchase program within the approved timeframe, with the maximum repurchase price adjusted to yuan 50.14 per share due to the 2024 annual equity distribution.