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Everwin Precision to repurchase shares for employee incentives

October 9, 2025 at 08:40 AM UTCBy FilingReader AI

Shenzhen Everwin Precision Technology Co., Ltd. announced a share repurchase plan approved by its board of directors on August 26, 2025. The company intends to use its own or self-raised funds to buy back RMB ordinary A-shares through centralized bidding. This initiative aims to facilitate the implementation of employee stock ownership plans or equity incentive plans. The total repurchase amount will range from 50 million yuan to 100 million yuan, with a maximum repurchase price of 35 yuan per share.

The share repurchase program is set to be implemented within 12 months from the date of the board's approval. However, as of September 30, 2025, the company had not yet commenced the repurchase. The exact number of shares to be repurchased will be determined by the actual repurchase amount upon the completion or expiration of the program.

The company affirmed its commitment to adhere strictly to relevant regulations, including the "Rules for Share Repurchase by Listed Companies (Revised 2025)" and the "Self-Regulatory Guidelines for Listed Companies of Shenzhen Stock Exchange No. 9—Share Repurchase (Revised 2025)." Shenzhen Everwin Precision will make repurchase decisions opportunistically based on market conditions and will disclose progress in a timely manner.

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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