Longcheer Technology announced that as of July 31, 2026, the company had repurchased a total of 2.3751 million shares through centralized competitive bidding, accounting for 0.45% of its total share capital. The highest repurchase price was 40.80 yuan per share, the lowest was 35.68 yuan per share, and the total amount paid was 90.0795 million yuan. The company previously held a board meeting on April 28, 2026, and approved a repurchase plan to buy back shares through centralized competitive bidding for use in employee stock ownership plans or equity incentives. The original repurchase price cap was 57.72 yuan per share, with the total repurchase amount set at no less than 250 million yuan and no more than 500 million yuan, over a 12-month period. Due to the implementation of the 2025 annual equity distribution, the repurchase price cap was adjusted to 57.22 yuan per share starting June 4, 2026.
Shanghai Longcheer Technology Co., Ltd.Company repurchased shares, signaling confidence and supporting stock price.