002802SZSE

Announcement on the Expiration of the Share Repurchase Period and Completion of the Repurchase

✨ AI Summary

Wuxi Honghui New Materials Technology Co., Ltd. announced the completion of its share repurchase plan on March 4, 2026. The company repurchased 1,056,100 shares, representing 0.58% of its total share capital, for a total of 13,497,198 yuan. These shares were acquired at prices between 12.34 and 13.01 yuan per share. The repurchase was executed in compliance with regulations and the shares will be reserved for employee stock ownership plans and other purposes.

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Wuxi Honghui New Materials Technology Co., Ltd. (hereinafter referred to as "the Company") announces that on March 4, 2026, the share repurchase plan has been completed. The Company repurchased a total of 1,056,100 shares, accounting for 0.58% of its total share capital. The repurchased shares were acquired at a price range of 12.34 to 13.01 yuan per share, with a total amount of 13,497,198 yuan (excluding transaction fees). The repurchase was conducted in accordance with the relevant regulations.

The Company will continue to follow the relevant procedures for the share repurchase and will disclose the progress and related information in a timely manner. Investors are advised to pay attention to investment risks.

I. Specifics of the Share Repurchase

The Company’s share repurchase plan involved the repurchase of 1,056,100 shares, which are all held in the Company’s share repurchase account. The shares will be reserved for employee stock ownership plans, dividend distribution, and other purposes. The Company will not sell these repurchased shares.

II. Implementation of the Share Repurchase Plan

The Company’s share repurchase plan has been fully implemented, with the total number of shares repurchased being 1,056,100 shares, accounting for 0.58% of the total share capital. The repurchased shares were acquired at a price range of 12.34 to 13.01 yuan per share, with a total amount of 13,497,198 yuan (excluding transaction fees).

III. Explanation of the Differences Between the Actual Implementation and the Repurchase Plan

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