South Asia New Materials: first repurchased 686,200 shares with a total amount of RMB 90,236,900.

South Asia New Materials announced that the company will repurchase shares through a buyback plan from March 13, 2026, with a total repurchase amount of 90 million to 180 million yuan. The buyback period will last until September 12 and will be used for employee share plans or equity incentives. On March 18, the company repurchased 686,000 shares for the first time, accounting for 0.29% of the total share capital, with a repurchase amount of 90.2369 million yuan. The transaction price range was between 125.29 yuan/share and 135.00 yuan/share.