BYADI CO., LTD. ANNOUNCED ON NOVEMBER 27, 2024 THAT IT HAS COMPLETED THE PURCHASE OF SHARES UNDER THE EMPLOYEE MAINTENANCE SHARE PROGRAM FOR 2024. The Company held separate meetings of the Board of Directors and Shareholders on 18 October 2024 and 5 November 2024 and approved the relevant resolutions on the Employee Retention Scheme. As of the closing date of the announcement, the Company purchased 664,755 shares, representing 0.0228% of the total share capital, with an average price of RMB 296.60 per share and a total amount of RMB 1.97.The funds of the Employee Retention Share Plan are employees' legal remuneration and self-reliance funds. The duration of the plan is 72 months. The shares will be unblocked in five periods, with an unlocking rate of 20% per period. The Company's...Show More

BYADI CO., LTD. ANNOUNCED ON NOVEMBER 27, 2024 THAT IT HAS COMPLETED THE PURCHASE OF SHARES UNDER THE EMPLOYEE MAINTENANCE SHARE PROGRAM FOR 2024. The Company held separate meetings of the Board of Directors and Shareholders on 18 October 2024 and 5 November 2024 and approved the relevant resolutions on the Employee Retention Scheme. As of the closing date of the announcement, the Company purchased 664,755 shares, representing 0.0228% of the total share capital, with an average price of RMB 296.60 per share and a total amount of RMB 1.97.The funds of the Employee Retention Share Plan are employees' legal remuneration and self-reliance funds. The duration of the plan is 72 months. The shares will be unblocked in five periods, with an unlocking rate of 20% per period. The Company's controlling shareholders, controllers and executives are not involved in the project and there is no relationship or consistent operational relationship between the Program and the Company's senior levels. The Company will continue to monitor the progress of the implementation of the project and comply with its obligations to disclose information in accordance with laws and regulations.In addition, the company's employee retention plan for 2022 has not been completed, and each period is independently audited, and there is no linked or consistent operational relationship. BYADI PROMISES TO STRICTLY ADHERE TO MARKET TRADING RULES DURING IMPLEMENTATION AND TO CONDUCT TRANSACTIONS WITHOUT USING INSIDE INFORMATION.