Beimo Hi-Tech announced that the company plans to repurchase A-shares through centralized bidding for equity incentives or employee stock ownership plans. The total repurchase capital is not less than 120 million yuan and not more than 180 million yuan. The repurchase price is not more than 37.00 yuan/share. The estimated number of shares to be repurchased is about 3.243,200 to 4.864 million shares, accounting for 0.72% to 1.08% of the company's total share capital. The implementation period of the repurchase is 12 months from the date the board of directors deliberates and approves the repurchase plan. Chen Jianfeng, a shareholder of more than 5% of the company, plans to reduce his holdings by no more than 9.9556 million shares from July 22 to October 21, 2026, accounting for 3.00% of the company's total share capital. The plan has not yet been implemented.

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