Beingmate reaches 1% share repurchase milestone, plans future equity incentives

Beingmate Co., Ltd. announced on November 21, 2025, that its cumulative share repurchase has reached 1.0868% of its total share capital. As of November 20, 2025, the company had repurchased 11,738,254 shares through centralized bidding. This repurchase is part of a plan approved by the board on April 29, 2025, to utilize shares for future equity incentives or employee stock ownership plans. The total value of the repurchased shares amounts to 75,254,399.92 yuan (excluding transaction fees).

The highest transaction price for the repurchased shares was 7.21 yuan per share, while the lowest was 6.10 yuan per share. The company initially planned to repurchase shares worth between 150 million yuan and 300 million yuan at a price not exceeding 9.06 yuan per share, within 12 months from the board approval date. This milestone, crossing the 1% threshold, mandates disclosure within three trading days, aligning with Shenzhen Stock Exchange regulations.

Beingmate confirmed that the implementation of its share repurchase plan adheres to both the company's repurchase scheme and relevant laws and regulations. The company will continue to execute the repurchase plan within the designated period, subject to market conditions, and will fulfill its information disclosure obligations as required. Investors are advised to exercise caution and be aware of potential investment risks.