ORIENT-CHIP TECHNOLOGY: Repurchased 1.4354 million shares with a total fund amount of 39.9956 million yuan

ORIENT-CHIP TECHNOLOGY announced that on January 24, 2025, the company disclosed a repurchase report, planning to repurchase shares with funds ranging from 20 million to 40 million yuan through centralized bidding, for the purpose of an employee stock ownership plan or equity incentive. As of May 23, 2025, the company had repurchased a total of 1.4354 million shares, accounting for 1.25% of the company's total share capital, with a repurchase price range of 24.1 yuan/share to 32.65 yuan/share, and a total expenditure of 39.9956 million yuan. This repurchase will not have a significant impact on the company's daily operations, financial condition, etc., and will not lead to a change in the company's control. The repurchased shares will be used for future employee stock ownership plans or equity incentives