Everwin Precision concludes share buyback, allocates shares to employee plans

Shenzhen Everwin Precision Technology has completed its share repurchase program, acquiring 2,918,000 shares through concentrated bidding. This represents 0.21% of the company's total share capital. The buyback was executed at prices ranging from CNY 33.13 to CNY 39.09 per share, with a total transaction value of CNY 9,999.11 million. The company initially approved a buyback range of CNY 5,000 to CNY 10,000 million, with a price cap adjusted from CNY 35 to CNY 50 per share to ensure successful implementation.

The repurchased shares will be allocated to employee stock ownership plans or equity incentive plans, and will be locked accordingly. This move will increase restricted shares from 0.30% to 0.51% of total equity, while unrestricted shares will decrease from 99.70% to 99.49%. The overall share capital remains unchanged at 1,360,885,950 shares.

The company confirms that the buyback adheres to the approved plan, with no material impact on its financial, operational, or debt-servicing capabilities. Control of the company and its listed status remain unaffected.