Haers Vacuum Containers advances share repurchase program

Zhejiang Haers Vacuum Containers Co., Ltd. has announced the latest progress in its share repurchase program. As of November 30, 2025, the company has cumulatively repurchased 9,407,150 shares through centralized bidding, representing approximately 2.02% of its total share capital. The highest price paid was CNY 8.47 per share, while the lowest was CNY 7.65 per share.

The total spent on these repurchases stands at CNY 74,970,215 (excluding stamp duty, transaction commissions, and other transaction fees). These repurchases align with the parameters approved by the board on April 20, 2025, which authorized a total repurchase value between CNY 80m and CNY 160m, with a price cap of CNY 11.00 per share (adjusted to CNY 10.85 after a dividend distribution). The repurchased shares are intended for future equity incentive plans or employee stock ownership plans.

The company confirms that its repurchase activities comply with relevant laws, regulations, and its approved repurchase plan. Zhejiang Haers Vacuum Containers will continue the repurchase program as market conditions allow within the approved timeframe and will fulfill its information disclosure obligations.