ORIENT-CHIP TECHNOLOGY: Share repurchase has not yet been initiated
ORIENT-CHIP TECHNOLOGY announced that as of September 30, 2025, the company has not repurchased its shares through the centralized bidding trading method via the Shanghai Stock Exchange system. The company plans to use no less than RMB 20 million and no more than RMB 40 million of its own funds and special loans for repurchase to buy back its shares through the centralized bidding trading method, for the purpose of employee stock ownership plans or equity incentives. The repurchase price will not exceed RMB 52.46 per share, and the repurchase period will be within 12 months from the date the company's board of directors approves this share repurchase plan
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