301232SZSE

Announcement on Adjusting the Share Repurchase Price Limit

Feiwo Technology Co., Ltd.··3 pages

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Hunan Feiwor New Energy Technology Co., Ltd. announces an adjustment to its share repurchase price limit from RMB 31.06 to RMB 180.00 per share, effective June 22, 2026. This adjustment is to ensure the smooth implementation of the repurchase plan, which is intended for an employee stock option plan. The company has repurchased 242,400 shares to date.

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Securities Code: 301232 Securities Abbreviation: Feiwor Technology Announcement Number: 2026-060

Hunan Feiwor New Energy Technology Co., Ltd. Announcement on Adjusting the Share Repurchase Price Limit

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Instructions:

  1. To ensure the smooth implementation of the share repurchase plan, the upper limit for the repurchase price has been adjusted from RMB 31.06 per share (inclusive) to RMB 180.00 per share (inclusive).
  2. Except for the adjustment of the share repurchase price limit, all other contents of the share repurchase plan remain unchanged.
  3. The effective date of the adjustment to the share repurchase price limit is June 22, 2026.

Hunan Feiwor New Energy Technology Co., Ltd. (hereinafter referred to as the "Company") held its seventh meeting of the fourth Board of Directors on June 18, 2026, and reviewed and approved the "Proposal on Adjusting the Share Repurchase Price Limit." The relevant situation is hereby announced as follows:

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