浙江新和成股份有限公司关于回购公司股份进展的公告

Core Viewpoint - Zhejiang Xinheng Co., Ltd. has initiated a share repurchase plan to buy back a portion of its public shares using its own funds or special loans, with a total repurchase amount ranging from 300 million to 600 million RMB, and a maximum repurchase price of 32 RMB per share [1][2]. Group 1: Share Repurchase Plan - The board of directors approved the share repurchase plan on April 11, 2025, allowing the company to repurchase shares for employee stock ownership plans or equity incentive plans [1]. - The repurchase period is set to last no more than 12 months from the date of board approval [1]. Group 2: Adjustments to Repurchase Price - The repurchase price will be adjusted to a maximum of 31.3 RMB per share due to the company's annual and semi-annual dividend distributions scheduled for May 21, 2025, and October 20, 2025, respectively [2]. Group 3: Progress of Share Repurchase - As of October 31, 2025, the company has repurchased 20,082,692 shares, accounting for 0.6534% of the total share capital, with a total transaction amount of approximately 446.13 million RMB [4]. - The highest transaction price during the repurchase was 24.45 RMB per share, while the lowest was 21.25 RMB per share [4]. Group 4: Compliance with Regulations - The company has adhered to the relevant regulations regarding the timing and method of share repurchase, ensuring no repurchase occurred during significant events that could impact stock prices [5][6]. - The repurchase transactions were conducted in compliance with the trading restrictions set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange [7].