Jereh Oilfield Services updates on share repurchase progress

Yantai Jereh Oilfield Services Group Co., Ltd. (Jereh Oilfield Services) announced the latest progress on its share repurchase program as of November 30, 2025. The company has cumulatively repurchased 3,087,500 shares, representing 0.30% of its total share capital, through its dedicated share repurchase account. The highest transaction price for these repurchased shares was CNY 38.65 per share, and the lowest was CNY 33.67 per share, with a total transaction amount of CNY 106,229,502.54 (excluding transaction fees).

The repurchases are funded by the company's own capital and a dedicated share repurchase loan. The maximum repurchase price was adjusted to CNY 48.31 per share after the 2024 annual equity distribution on May 23, 2025, and further adjusted to CNY 48.16 per share after the 2025 semi-annual equity distribution on September 24, 2025.

Jereh Oilfield Services will continue to implement the repurchase plan within the stipulated period based on market conditions. The company has committed to fulfilling information disclosure obligations and advises investors to be aware of investment risks.