NINGBO KANGQIANG(SZ:002119) Shang Hai Zheng Quan Bao·2025-12-25 19:26Core Viewpoint - Ningbo Kangqiang Electronics Co., Ltd. has completed a share repurchase program, acquiring 6,022,200 shares, which represents 1.60% of the company's total share capital, in accordance with the approved plan [4][6]. Group 1: Share Repurchase Announcement - The company announced a share repurchase plan on October 9, 2025, with a total funding amount between RMB 60 million and RMB 100 million, and a maximum repurchase price of RMB 25 per share [1]. - The repurchase period is set for 12 months from the board's approval date [1]. Group 2: Implementation Details - As of December 25, 2025, the company has repurchased a total of 6,022,200 shares, with the highest transaction price at RMB 17.77 per share and the lowest at RMB 16.25 per share, totaling approximately RMB 99.99 million [4]. - The implementation of the repurchase plan aligns with the previously disclosed details, with no discrepancies noted [5]. Group 3: Impact on the Company - The company's financial condition remains stable, and the share repurchase is deemed beneficial for long-term interests without adversely affecting financial, operational, or developmental aspects [6]. - The repurchase does not alter the company's control or its status as a listed company [6]. Group 4: Compliance and Future Arrangements - The share repurchase adhered to relevant regulations, including timing and pricing requirements [8]. - The repurchased shares will be held in a dedicated account and will not confer voting rights or profit distribution rights during the holding period [9]. If not utilized for employee incentive plans within 36 months, the shares will be canceled [9].