Jones Tech PLC raises share buyback price limit to 65 yuan

Jones Tech Co. announced an adjustment to the upper limit of its share repurchase price from 29.35 yuan per share to 65.00 yuan per share. This change, effective November 7, 2025, aims to ensure the smooth implementation of the repurchase plan, driven by the company's confidence in its long-term value and development prospects. The adjusted upper limit will not exceed 150% of the average trading price of the company's stock over the thirty trading days preceding the Board of Directors' resolution.

The decision was approved by both the Fifth Board of Directors' Eighth Meeting and the Fifth Supervisory Board's Eighth Meeting on November 6, 2025. Apart from the price ceiling, all other aspects of the original repurchase plan remain unchanged. The company initiated its share repurchase program on April 14, 2025, with a total fund amount of not less than 1,500 million yuan and not exceeding 3,000 million yuan.

As of October 31, 2025, Jones Tech PLC has repurchased 461,500 shares, representing 0.15% of its total share capital, at a maximum price of 21.93 yuan per share and a minimum of 21.15 yuan per share, totaling 9,964,023.00 yuan. The company anticipates that the adjusted price limit will enable the repurchase of between 538,977 and 769,745 shares, accounting for 0.18% to 0.26% of the total share capital.