Zhejiang Sanhua Intelligent Controls (02050) intends to adjust the upper limit of the A-share repurchase price to 60 yuan per share.

Zhejiang Sanhua Intelligent Controls (02050) announced that, due to the recent continuous high stock price above the repurchase price limit set by the repurchase plan, the Board of Directors has agreed to adjust the repurchase price limit from RMB 35.75 per share (inclusive) to RMB 60.00 per share (inclusive). This adjustment is based on the recognition of the company's long-term value and confidence in its development prospects, as well as to ensure the smooth implementation of the repurchase plan. The Board has also agreed to extend the repurchase period by 2 months, until February 28, 2026. Apart from these adjustments, the other contents of the repurchase plan remain unchanged.