Changhong Meiling share repurchase tops 1%

As of November 28, 2025, Changhong Meiling has repurchased 10,314,701 A-shares through centralized bidding, representing 1.0015% of its total share capital. The highest transaction price was yuan 7.45 per share, with the lowest at yuan 6.58 per share, bringing the total transaction amount to yuan 72,630,606.10 (excluding transaction fees). This repurchase activity aligns with the company's previously approved plan.

The repurchase program, initially proposed on April 9, 2025, and approved on May 8, 2025, aimed to repurchase A-shares for equity incentive purposes, with a maximum price of yuan 11 per share. Following a dividend distribution, the maximum repurchase price was adjusted to yuan 10.67 per share as of July 2, 2025.

The funding for this initiative includes both proprietary funds and self-raised funds, specifically up to yuan 270m from a dedicated stock repurchase loan provided by the Bank of China. The company confirms that the repurchase adheres to the established plan and relevant legal and regulatory requirements.