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Everwin Precision launches share buyback program for employee plans

October 14, 2025 at 10:50 AM UTCBy FilingReader AI

Shenzhen Everwin Precision Technology announced the initial implementation of its share buyback program on October 14, 2025. This follows the August 26, 2025, approval by its board of directors to repurchase shares using centralized bidding to support employee stock ownership or equity incentive plans.

The company repurchased 1,500,000 shares, representing 0.11% of its total share capital. The highest price paid per share was RMB 33.72, and the lowest was RMB 33.13, totaling RMB 50,183,400.00 (excluding transaction fees). The company had previously stated a buyback amount not less than RMB 50,000,000.00 and not exceeding RMB 100,000,000.00, with a price cap of RMB 35.00 per share, over a 12-month period.

This initial buyback aligns with relevant laws, regulations, and the company's approved share repurchase plan. Shenzhen Everwin Precision Technology will continue to implement the buyback program as market conditions allow within the specified timeframe.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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