Shantui Construction Machinery nears completion of share repurchase plan

As of November 30, 2025, Shantui Construction Machinery Co., Ltd. has repurchased 11,910,472 shares, representing 0.79% of its total share capital. The repurchases were executed through centralized bidding, with transaction prices ranging from a high of RMB 10.20 per share to a low of RMB 8.64 per share. The total transaction amount reached RMB 111,591,612.24 (excluding transaction fees).

The company's board approved the share repurchase plan on April 22, 2025, with an intention to buy back shares worth between RMB 150m and RMB 300m, at a price not exceeding RMB 13.88 per share. The repurchased shares are intended for future equity incentive plans or employee stock ownership plans. The maximum repurchase price has been adjusted twice due to dividend distributions: first to RMB 13.82 per share on July 15, 2025, following the 2024 annual dividend, and subsequently to RMB 13.79 per share on September 26, 2025, after the 2025 interim dividend.

Shantui Construction Machinery confirms its repurchase activities adhere to the guidelines set by the Shenzhen Stock Exchange and the China Securities Regulatory Commission. The company will continue to implement the plan within the specified timeframe and will provide further updates as required by regulations.