Nantong Jianghai Capacitor completes share repurchase for employee incentives

Nantong Jianghai Capacitor Co., Ltd. announced the completion of its share repurchase program, which commenced on June 20, 2025, and concluded on September 30, 2025. The company repurchased a total of 2,126,400 shares through concentrated bidding, representing 0.2500% of its total share capital. The highest transaction price was RMB 30.25 per share, and the lowest was RMB 18.12 per share, with a total expenditure of RMB 50,996,952.00 (excluding transaction fees). This amount falls within the repurchased capital range of RMB 50 million to RMB 100 million.

The repurchase price limit was initially set at RMB 20 per share, later adjusted to RMB 19.74 per share following the 2024 annual equity distribution, and finally to RMB 35.00 per share, effective September 26, 2025. The company confirmed that the repurchased shares will be used for employee stock ownership or equity incentive plans.

The company stated that the repurchase aligns with legal requirements and will not materially impact its financial health, operations, research and development, debt fulfillment capabilities, or future development. The share distribution remains compliant with listing requirements, and there will be no change in the company's control.