Chaozhou Three-Circle Group nearing completion of share repurchase program

Chaozhou Three-Circle Group has made considerable progress on its share repurchase program, approved on April 10, 2025. As of September 30, 2025, the company had repurchased 5,133,800 A-shares through centralized bidding, representing 0.2679% of its total share capital.

The repurchases were executed at prices ranging from RMB32.05 to RMB35.70 per share, totaling RMB175,423,107.80, excluding transaction fees. This falls within the previously announced plan to use not less than RMB150 million and not more than RMB200 million of its own funds for the repurchase, intended for equity incentives or employee stock ownership plans.

The company affirmed that the repurchase activities adhered to all relevant regulations, ensuring compliance with the Shenzhen Stock Exchange's guidelines. Chaozhou Three-Circle Group will continue to disclose progress in line with regulatory requirements.