Zhejiang Century Huatong completes share repurchase, reduces capital

Zhejiang Century Huatong Group Co., Ltd. has successfully completed its share repurchase program as of December 3, 2025. The program, approved by the board of directors and shareholders on November 12 and November 28, 2025, involved repurchasing A-shares with the intention of canceling them and reducing the company's registered capital.

The company repurchased a total of 56,120,796 shares, representing approximately 0.7555% of its current total share capital. The highest transaction price was CNY 18.38 per share, and the lowest was CNY 17.06 per share. The total transaction amount for the repurchase was CNY 999,899,749.24 (excluding transaction fees), falling within the previously announced range of not less than CNY 500,000,000 and not exceeding CNY 1,000,000,000.

Following the completion of the repurchase, the company's total share capital is projected to decrease from 7,428,083,118 shares to 7,371,962,322 shares. The repurchased shares will be formally canceled to reduce the registered capital. The company confirmed that the buyback complied with all relevant laws and regulations, posing no material impact on its operations, financials, or control structure.