Ningbo Huaxiang updates on share repurchase program progress

As of December 2, 2025, Ningbo Huaxiang Electronic has repurchased 1,448,000 shares, representing 0.1779% of its total share capital. The highest price paid per share was 32.00 yuan, while the lowest was 12.43 yuan. The total amount spent on repurchases, excluding transaction fees, reached 24,918,671 yuan.

The company's board meetings in late 2024 approved a share repurchase program with a total capital of no less than 30 million yuan and no more than 50 million yuan. The initial repurchase price was capped at 20.16 yuan per share, later adjusted to 19.69 yuan per share, and subsequently to 51.42 yuan per share.

The repurchase program, initially set for a 12-month period, has been extended by six months and is now scheduled to conclude on June 3, 2026. The company will continue to implement the plan and provide timely disclosures.