Century Huatong begins share buyback, reducing registered capital

Zhejiang Century Huatong Group Co., Ltd. initiated its first A-share repurchase on December 2, 2025, via centralized bidding. The company repurchased 27,427,400 shares, representing 0.3692% of its total share capital. The highest transaction price was RMB 18.38 per share, and the lowest was RMB 18.01 per share, totaling RMB 499,948,953 (excluding transaction fees).

This share buyback aligns with resolutions passed at the company's board meeting on November 12, 2025, and the extraordinary general meeting on November 28, 2025. The plan approved a share repurchase amount between RMB 50,000,000 and RMB 100,000,000, with a maximum price of RMB 28.77 per share, funded by the company's own capital and dedicated loans.

The repurchased shares will be canceled to reduce the company's registered capital. Zhejiang Century Huatong Group will continue to implement the repurchase plan within the stipulated period, adhering to relevant laws and regulations.