科威尔回购99.10万股耗资2915.21万元，用于员工持股或股权激励

Core Viewpoint - Cowell Technology Co., Ltd. successfully completed its share repurchase plan aimed at enhancing employee stock ownership and equity incentives for long-term development [1] Repurchase Plan Overview - On August 23, 2024, Cowell's board approved a share repurchase plan using self-owned funds, with a total repurchase amount set between 20 million and 30 million yuan, and a maximum repurchase price of 42.00 yuan per share. The repurchase period is from August 23, 2024, to August 22, 2025 [2] Repurchase Implementation Status - As of August 22, 2025, the company repurchased a total of 991,042 shares, accounting for 1.1788% of the total share capital, with an average repurchase price of 29.42 yuan per share. The total funds used for the repurchase amounted to 29,152,075.63 yuan, with prices ranging from 23.55 yuan to 41.59 yuan per share [3] Stock Trading by Related Parties During Repurchase Period - During the repurchase period, several directors and senior management personnel reduced their holdings. Notably, director Jiang Jiaping sold 1,150,000 shares (1.3679% of total share capital), and other directors and senior management also made reductions, while one senior manager did not sell any shares [4] Share Capital Changes - Before the repurchase, the total share capital was 84,023,969 shares. After completion, it increased to 84,070,709 shares, with 991,042 shares held in a dedicated repurchase account, representing 1.18% of total share capital. This change was partly due to the vesting of shares from the 2021 restricted stock incentive plan [5] Handling of Repurchased Shares - The repurchased shares will be stored in a dedicated account and will not enjoy certain shareholder rights during this period. The company plans to use these shares for equity incentives or employee stock ownership plans, adhering to relevant decision-making procedures and disclosure obligations. The funds used for the repurchase are self-owned and will not significantly impact the company's daily operations or financial status, nor will it lead to a change in control [6]