Fenda Technology's share repurchase program makes significant progress

Shenzhen Fenda Technology announced significant progress in its ongoing share repurchase program, initiated following a board resolution on April 8, 2025. The company decided to use its own or borrowed funds to repurchase a portion of its A-shares through centralized bidding, with the shares intended for an equity incentive or employee stock ownership plan. The repurchase price was set at no more than 12 yuan per share, with a total investment ranging from 50 million yuan to 100 million yuan over a period not exceeding 12 months.

As of November 30, 2025, the company had repurchased 3,219,700 shares via centralized bidding, representing 0.18% of its current total share capital. The highest price paid for a share was 7.78 yuan, and the lowest was 6.53 yuan. The total expenditure for these repurchases amounted to 22,230,117.00 yuan, excluding transaction fees. This activity adheres to the specific conditions outlined in the company's repurchase plan.

The company affirmed that its repurchase activities comply with all relevant regulations. Shenzhen Fenda Technology will continue to implement the repurchase plan as market conditions evolve and will ensure timely disclosure of further progress, advising investors to be aware of potential investment risks.