Haid Group begins share repurchase program

Guangdong Haid Group Co., Ltd. announced on November 19, 2025, that it has commenced its share repurchase program. The company acquired 137,600 shares through its dedicated securities account via centralized bidding transactions. This initial repurchase represents approximately 0.01% of the company's total share capital.

The shares were repurchased at a maximum price of 58.50 yuan per share and a minimum price of 57.76 yuan per share, with the total transaction value amounting to 7,994,119.00 yuan (excluding transaction fees). This move aligns with resolutions passed at the company's seventh board of directors' fourth meeting on October 28, 2025, and the fourth extraordinary general meeting on November 14, 2025.

The repurchased shares are intended for cancellation to reduce registered capital, and to implement equity incentive plans and/or employee stock ownership plans. The company confirms that this initial repurchase complies with relevant laws and regulations, as well as its established share repurchase plan.