山推工程机械股份有限公司 关于回购股份方案实施进展的公告

Core Viewpoint - The company has approved a share buyback plan, intending to repurchase shares using its own or raised funds, with a total amount between RMB 150 million and RMB 300 million, and a maximum buyback price of RMB 13.88 per share [1] Summary by Sections Share Buyback Plan - The company plans to repurchase shares through centralized bidding, with the intention to use the repurchased shares for employee stock ownership plans or equity incentive plans [1] - The buyback period is set for 12 months from the board's approval date [1] Adjustments to Buyback Price - The maximum buyback price will be adjusted to RMB 13.82 per share starting from July 15, 2025, due to the company's 2024 annual equity distribution [2] - The company will disclose the progress of the buyback every month within the first three trading days of the following month [2] Buyback Progress - As of July 31, 2025, the company has repurchased 5,541,050 shares, accounting for 0.37% of the total share capital, with a total transaction amount of approximately RMB 49.99 million [2] - The highest and lowest transaction prices during the buyback were RMB 9.24 and RMB 8.64 per share, respectively [2] Compliance with Regulations - The company's buyback activities comply with the relevant regulations set by the Shenzhen Stock Exchange and the China Securities Regulatory Commission [3][4] - The company has not repurchased shares during periods that could significantly impact the stock price or during other restricted periods [3]