BOE Technology Group updates share repurchase, announces director's resignation

BOE Technology Group Co., Ltd. (BOE) announced an update on its share repurchase program as of September 30, 2025. The company has cumulatively repurchased 164,662,200 A shares, representing approximately 0.4484% of its A shares and 0.4401% of its total share capital. The highest price paid was RMB 4.25 per share, and the lowest was RMB 3.94 per share, totaling RMB 663,395,137.00 (excluding transaction fees). The maximum repurchase price has been adjusted from RMB 6.11/share to RMB 6.06/share following the 2024 annual equity distribution.

Separately, BOE announced that Gao Wenbao, vice chairman, submitted his resignation on October 10, 2025, due to personal reasons. Gao will also step down from his roles as director and member of the board's specialized committees, ceasing all positions within the company and its subsidiaries. His resignation took effect immediately upon the company's receipt of the report.

As of the announcement date, Gao held 1,860,700 shares in the company, which will be managed in accordance with relevant regulations. His departure does not affect the board's operational quorum, and the company will promptly appoint a new director.