Sanhua Intelligent Controls announces share repurchase for employee incentive plans

Zhejiang Sanhua Intelligent Controls (SZSE:002050) has disclosed a significant share repurchase activity on December 24, 2025. The company repurchased 1,109,400 A-shares through the Shenzhen Stock Exchange, designated for its equity incentive and/or employee stock ownership plans. The repurchases were executed at prices ranging from RMB 44.96 to RMB 45.27 per share, totaling an expenditure of RMB 50,053,858.

This transaction resulted in a 0.0298% decrease in the company's issued shares (excluding treasury shares). Concurrently, the number of treasury shares increased by 1,109,400. The total number of issued shares, including treasury shares, remains unchanged.

The company confirmed that the share repurchase activity on the Shenzhen Stock Exchange was conducted in accordance with the applicable local rules governing share repurchases on that exchange. This strategic move aims to support future equity-based compensation programs.