Dahua Technology updates on share repurchase and subsidiary guarantees

Zhejiang Dahua Technology (SZSE:002236) has announced the latest progress of its share repurchase program, approved earlier this year. As of October 31, 2025, the company had repurchased 11,531,300 shares, representing 0.35% of its total share capital. The total transaction value reached 196,810,400 yuan (excluding transaction fees), with prices ranging from 15.16 yuan to 19.58 yuan per share, utilizing the company's own funds. The repurchases are intended for capital reduction through cancellation.

In a separate announcement, the company provided an update on guarantees issued to its subsidiaries. Recently, Dahua Technology provided a guarantee to HSBC Bank (China) Company Limited, Hangzhou Branch, for its wholly-owned subsidiary Dahua Technology Mexico. The guarantee, amounting to $1,000,000, is a joint and several liability guarantee with a term of one year, supporting the subsidiary's bank credit line.

As of November 3, 2025, Dahua Technology and its subsidiaries' actual external guarantee balance totals 8.985 bn yuan. This amount represents 24.94% of the company's audited net assets as of the end of 2024 and exclusively consists of guarantees for its subsidiaries, with no overdue external guarantees or those involved in litigation.