浙江新和成股份回购进展：已累计回购2008万股 占总股本0.65%

Core Viewpoint - Zhejiang Xinhengcheng Co., Ltd. has made significant progress in its share repurchase plan, having repurchased 20.08 million shares, representing 0.6534% of its total share capital, as of October 31, 2025 [1][3]. Group 1: Repurchase Plan Background and Key Elements - The share repurchase plan was approved on April 11, 2025, with a budget of 300 million to 600 million yuan, and an initial repurchase price set at no more than 32 yuan per share, to be executed within 12 months [2]. - The repurchased shares are intended for employee stock ownership plans or equity incentive plans [2]. Group 2: Repurchase Progress - As of October 31, 2025, the company has repurchased a total of 20,082,692 shares, which is 0.6534% of the total share capital, through centralized bidding transactions [3]. Group 3: Price Adjustment Due to Equity Distribution - The repurchase price has been adjusted to a maximum of 31.3 yuan per share due to equity distributions implemented on May 21, 2025, and October 20, 2025 [4]. Group 4: Compliance with Regulations - The company has emphasized that the repurchase of shares complies with relevant regulations, including not conducting repurchases during sensitive periods and adhering to trading restrictions [5]. Group 5: Future Plans - The company plans to continue the repurchase based on market conditions and will fulfill its information disclosure obligations as required by law [6].