Shenzhen Zhihui Precision Technology Co., Ltd. (hereinafter referred to as "the Company") held the 28th meeting of the 4th Board of Directors on June 23, 2025, where it approved the proposal for the share buyback plan. The Company intends to use its own funds or self-raised funds to repurchase part of the public shares through centralized bidding, for the implementation of the company's equity incentive plan. The total amount for the buyback will not be less than RMB 30 million (inclusive) and not exceed RMB 60 million (inclusive). For details, please refer to the announcement disclosed by the Company on June 24, 2025, on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2025-040).
On September 3, 2025, the Company held the 3rd meeting of the 5th Board of Directors, where it approved the proposal to adjust the buyback share price, which will be adjusted to not exceed RMB 18.75 per share (inclusive), while other details of the buyback plan remain unchanged. For details, please refer to the announcement disclosed by the Company on September 3, 2025, on the Giant Tide Information Network (http://www.cninfo.com.cn) (Announcement No.: 2025-071).
The Company has obtained a loan commitment letter from CITIC Bank Co., Ltd. Shenzhen Branch, promising to provide a loan of no more than RMB 50 million specifically for the share buyback. For details, please refer to the announcement disclosed by the Company on June 26, 2025, on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2025-041).
As of June 2, 2026, the Company's share buyback plan has been completed. In accordance with the "Shenzhen Stock Exchange GEM Stock Listing Rules" and "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 9 - Share Buyback," the specific situation is announced as follows: