MGI Tech Has Repurchased 1.88 Million Shares for 93.58 Million Yuan

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MGI Tech announced that as of July 31, 2026, the company had repurchased 1.88 million shares, accounting for 0.45% of total share capital, with a repurchase amount of 93.58 million yuan and a repurchase price range of 46.86 yuan to 59.21 yuan per share. In the first quarter of 2026, the company achieved revenue of 585 million yuan and a net loss attributable to the parent company of 105 million yuan.

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Company repurchased shares, indicating management confidence and support for stock price.