Hebei University of Technology Keya Buyback Progress: Spent 36.39 million yuan to repurchase 1.8691 million shares, accounting for 1.55% of the total share capital

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Hebei University of Technology Keya Technology Group Co., Ltd. (hereinafter referred to as “the Company”) disclosed the progress of share repurchase on April 2, 2026. As of March 31, 2026, the Company had repurchased a total of 1.8691 million shares through centralized bidding transactions, with a transaction amount of 36.3927 million yuan (excluding transaction fees), accounting for 1.55% of the Company’s current total share capital. The repurchase progress has exceeded the lower limit of the original plan.

Review of the Repurchase Plan

According to the announcement, the Company held the seventh meeting of the fourth Board of Directors and the sixth meeting of the fourth Supervisory Committee on August 25, 2025, during which the share repurchase plan was approved. The plan is based on confidence in the company’s future development and recognition of intrinsic value, intending to use self-owned funds and special loan funds for share repurchase through secondary market centralized bidding, to be used later for implementing equity incentives or employee stock ownership plans, in order to improve the long-term incentive mechanism and motivate management and key personnel.

According to the original plan, the repurchase price shall not exceed 31 yuan per share (not exceeding 150% of the average stock trading price of the 30 trading days before the board resolution), with a total repurchase fund range of 30 million to 50 million yuan. Based on the maximum fund of 50 million yuan, it is estimated that about 1.6129 million shares can be repurchased, accounting for 1.34% of the total share capital; based on the minimum fund of 30 million yuan, about 967.7k shares are expected to be repurchased, accounting for 0.80% of the total share capital.

Progress of the Repurchase Implementation

As of March 31, 2026, the company’s dedicated securities account for repurchase had already repurchased a total of 1.8691 million shares, with specific data as follows:

The announcement states that during the implementation of this repurchase, the Company strictly adhered to the “Guidelines for Self-Regulation of Listed Companies on the Shenzhen Stock Exchange No. 9—Share Repurchase” and other regulations, did not conduct repurchases during sensitive or prohibited periods for major matters, and the entrusted prices did not reach the daily price limit. The Company also did not place orders during opening/closing auction or trading days without price fluctuation limits, complying with relevant laws and regulations.

Follow-up Plans

The Company stated that it will continue to implement this repurchase plan within the repurchase period based on market conditions and will fulfill information disclosure obligations in a timely manner according to regulatory requirements. The shares repurchased will be used opportunistically for equity incentives or employee stock ownership plans to further align the core team with the company’s interests and promote sustainable and steady development.

(Source: Announcement of Hebei University of Technology Keya Technology Group Co., Ltd.)

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Editor: Xiao Lang Express