宁波康强电子股份有限公司 关于首次回购公司股份暨进展公告

Core Viewpoint - Ningbo Kangqiang Electronics Co., Ltd. has approved a share repurchase plan with a total fund amount between RMB 60 million and RMB 100 million, with a maximum repurchase price of RMB 25 per share, aimed at implementing future equity incentive plans and employee stock ownership plans [1] Summary by Sections Share Repurchase Plan - The company’s board of directors has unanimously approved a share repurchase plan during the fifth meeting of the eighth board session on October 9, 2025 [1] - The total amount for the share repurchase will not be less than RMB 60 million and not exceed RMB 100 million, with a maximum repurchase price set at RMB 25 per share [1] Implementation and Progress - As of October 31, 2025, the company had not yet executed any operations related to the share repurchase [2] - On November 3, 2025, the company conducted its first share repurchase, acquiring 23,400 shares, which represents 0.0062% of the total share capital, at a total transaction amount of RMB 415,753, with prices ranging from RMB 17.76 to RMB 17.77 per share [2][3] Compliance and Regulations - The company’s share repurchase actions comply with relevant regulations, including not executing repurchases during significant events that could impact stock prices and adhering to trading restrictions [2][3] - The repurchase price range and funding sources are in accordance with the established repurchase plan [3]