Everwin Precision continues share repurchase, adjusts price cap

Shenzhen Everwin Precision Technology has announced the ongoing progress of its share repurchase program. As of October 31, 2025, the company had repurchased 1,800,000 shares through centralized bidding, representing 0.13% of its total share capital. The highest price paid per share was CNY 39.09, while the lowest was CNY 33.13, totaling an aggregate transaction amount of CNY 6,176.85 (excluding transaction fees).

The repurchase program, initially approved on August 26, 2025, aimed to repurchase shares worth between CNY 5,000 to CNY 10,000,000 at a maximum price of CNY 35 per share. However, on October 30, 2025, the company adjusted the maximum repurchase price to CNY 50 per share, citing the recent rise in stock price and the company's belief in its long-term value. The repurchased shares are intended for employee stock ownership or equity incentive plans.

The company commenced its repurchases on October 14, 2025, and will continue to execute the program within the stipulated timeframe and provide timely updates on its progress.