Hebei Chengde Lolo advances share repurchase program

Hebei Chengde Lolo Company reported its latest progress in the share repurchase program, which began after resolutions passed in October and November 2024. The program aims to repurchase 30 million to 60 million of the company's RMB A-shares, not exceeding 705 million yuan in total value. The repurchase price limit was initially set at 11.75 yuan per share, later adjusted to 11.45 yuan per share due to the 2024 annual equity distribution.

As of September 30, 2025, the company has cumulatively repurchased 3,000,000 shares through its dedicated securities account via centralized bidding. This accounts for 0.29% of the company's total share capital. The highest transaction price was 8.9596 yuan per share, while the lowest was 8.23 yuan per share, resulting in a total transaction amount of 25,828,944 yuan, excluding transaction fees.

The repurchase funds are sourced from the company's own capital and a dedicated stock repurchase loan. The company confirmed that the repurchase price did not exceed the revised upper limit of 11.45 yuan per share, and the process complies with relevant laws, regulations, and the approved repurchase plan.