Zhejiang Sanhua (002050) Announces Share Repurchase Update

Bulletin Express
10/20

On 20 October 2025, Zhejiang Sanhua Intelligent Controls Co., Ltd. (002050) repurchased a total of 429,300 A-shares on the Shenzhen Stock Exchange. The company paid a highest repurchase price of RMB 47.00 and a lowest price of RMB 45.72 per share, aggregating RMB 20,011,813 in total.

Following this transaction, the number of treasury shares increased from 2,707,721 to 3,137,021. The total number of issued shares remains 3,732,389,535, with 3,729,252,514 shares outstanding (excluding treasury shares) as of 20 October 2025. The company stated that these repurchased shares will be used for stock incentive or stock ownership schemes, executed in accordance with relevant rules and regulations.

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