Bai Ao Chemical: Repurchased 0.88% of shares.

Bai'ao Chemical Announcement: As of November 21, 2025, the company has repurchased a total of 6,242,700 shares through centralized bidding, accounting for 0.88% of the company's total share capital. The highest repurchase price was RMB 31.52 per share, the lowest repurchase price was RMB 19.58 per share, and the total repurchase amount was RMB 137,862,380.72.