Kengic: Adjusts the upper limit of share repurchase price to 23.73 yuan

Kengic announced that in order to ensure the smooth implementation of the share repurchase plan, it will adjust the upper limit of the repurchase price from no more than RMB 15.77 per share to no more than RMB 23.73 per share. Aside from the price adjustment, the other contents of the repurchase plan remain unchanged and do not require submission for shareholder meeting approval. As of September 12, 2025, the company has cumulatively repurchased 11.8396 million shares through centralized bidding, accounting for 6.55% of the company's total share capital, with a total payment amount of RMB 134 million. After the adjustment, it is expected that approximately 694,900 to 7.016 million shares will still need to be repurchased, with the cumulative repurchase quantity accounting for about 6.93% to 10.43% of the total share capital. The company is confident in its future development, and the adjustment of the repurchase plan is beneficial to enhancing investor confidence