Yutong Heavy Industries: Plans to repurchase and cancel 170,000 restricted shares.

Yutong Heavy Industries announced that the first unlocking conditions of the Company's 2025 Restricted Stock Incentive Plan have been achieved. As Hu Wenbo resigned on April 3, 2025, the Company plans to repurchase and cancel his 110,000 shares of unvested restricted stocks; another incentive recipient is undergoing a job change, and the Company plans to repurchase and cancel his 60,000 shares of restricted stocks. A total of 170,000 shares of restricted stocks will be repurchased and canceled at a price of 5.72 yuan per share, using the Company's own funds. Currently, the repurchase and cancellation has obtained necessary approvals and authorizations, and the Company still needs to fulfill its disclosure obligations and complete related procedures.