Rijiu Optoelectronics announced plans to use its own funds to repurchase a portion of its RMB ordinary shares, with the buyback amount set at no less than 50 million yuan and no more than 100 million yuan. The maximum repurchase price is 18.22 yuan per share, and the estimated number of shares to be repurchased ranges from 2.74 million to 5.49 million shares. The buyback period is within three months from the date the board of directors approves the plan. In the first quarter of 2026, the company achieved revenue of 128 million yuan and a net profit attributable to the parent company of 10.36 million yuan.
Jiangsu Rijiu Optoelectronics JointCompany announces share buyback plan of 50-100 million yuan, signaling confidence and supporting stock price.