Zhongtong Bus updates on share buyback and interim dividend

Zhongtong Bus Holding Co., Ltd. has repurchased 6,521,000 shares through its dedicated securities account by October 31, 2025, representing 1.1% of its total share capital. The total transaction value for these buybacks reached CNY 69,986,694.00, with prices ranging from CNY 10.49 to CNY 11 per share. The company's board approved this plan on April 24, 2025, for a maximum of CNY 200,000,000 and a minimum of CNY 100,000,000, at a price not exceeding CNY 15 per share, to be used for equity incentives or employee stock ownership plans within 12 months.

In a separate announcement, the company detailed its 2025 interim dividend distribution. Based on the total share capital of 592,903,936 shares, excluding the 6,521,000 repurchased shares, Zhongtong Bus will distribute a cash dividend of CNY 0.50 (pre-tax) for every 10 shares, totaling CNY 29,319,146.80. The equity registration date for this distribution is November 11, 2025, with the ex-dividend date on November 12, 2025.

The repurchased shares will not participate in this dividend distribution. The dividend payment will be processed through China Securities Depository and Clearing Corporation Limited Shenzhen Branch on November 12, 2025.