Bai'ao Chemicals: Repurchased a total of 138 million shares, accounting for 0.88% of the total share capital.

Baiao Chemical announced that on April 24, 2025, the company passed a proposal to repurchase shares, planning to use 200-400 million yuan of its own or self-raised funds to repurchase shares for employee shareholding plans or equity incentives, with a repurchase price not exceeding 31.67 RMB per share, with a term of 12 months starting from the approval of the board of directors. As of November 21, the company has repurchased a cumulative total of 6.2427 million shares, accounting for 0.88% of the total share capital, with a repurchase amount of 138 million yuan and a repurchase price range of 19.58-31.52 RMB per share.