Aoshikang Technology completes share repurchase for employee incentive plan

Aoshikang Technology announced the completion of its share repurchase program, which commenced on May 7, 2025, and concluded on August 27, 2025. The company repurchased 2,888,300 shares, representing 0.9101% of its current total share capital. The shares were acquired through centralized bidding transactions at a maximum price of RMB 39.52 per share and a minimum price of RMB 24.64 per share. The total transaction value, excluding trading fees, amounted to RMB 90,039,741.52.

The repurchase aligns with the plan approved by the board on April 10, 2025, with an adjusted price ceiling of RMB 53.35 per share following the 2024 annual equity distribution. The repurchased shares are intended for employee stock ownership plans or equity incentive schemes. The company confirmed that the repurchase met all regulatory requirements, and the funds utilized were within the stipulated range of RMB 90m (inclusive) to RMB 1.8bn (inclusive).

This program is not expected to significantly impact the company's financial position, operations, or ownership structure, and its share distribution continues to meet listing requirements. As of the announcement date, all repurchased shares are held in a dedicated securities account. If not fully utilized for incentive plans within 36 months, any remaining shares will be canceled, potentially reducing the company's total share capital.