Jinpan Technology: Completed a 30.08 million yuan share repurchase, to be used for employee stock ownership or incentives.

Jinpan Technology announced that the company completed a share repurchase from April 9, 2025 to February 2, 2026. The actual number of shares repurchased was 959,036 shares, accounting for 0.21% of the total share capital. The actual repurchase amount was 30.0084 million yuan, and the repurchase price ranged from 30.31 yuan/share to 32.68 yuan/share. The funds came from internal resources and will not have a significant impact on the company's operations. The repurchased shares will be used for employee shareholding plans or equity incentives. If not fully transferred within three years, the shares will be reduced and cancelled in accordance with the law. In addition, during the repurchase period, senior management personnel Shen Li, Li Jitao, and Zhang Lei increased their shareholdings due to the incentive plan.