露笑科技股份有限公司关于股份回购完成暨股份变动的公告

Core Viewpoint - The company has successfully completed its share repurchase plan, which was initially approved in March 2023 and later adjusted in April 2024, with a total of 37,563,615 shares repurchased, representing 1.95% of the total share capital [1][2][3]. Summary by Sections Share Repurchase Plan - The company planned to use between RMB 200 million and RMB 300 million for share repurchase, later adjusted to between RMB 250 million and RMB 400 million, with the implementation period extended to April 2025 [2][4]. Implementation Status - As of April 10, 2025, the company repurchased a total of 37,563,615 shares at a maximum price of RMB 8.92 per share and a minimum price of RMB 4.52 per share, with a total expenditure of approximately RMB 250 million [3][4]. Compliance and Regulations - The share repurchase adhered to relevant regulations, including the timing and pricing of the repurchase, ensuring no significant impact on the company's financial and operational status [9][10]. Impact on Company - The share repurchase is not expected to significantly affect the company's financials, operations, or control structure, and the share distribution remains compliant with listing requirements [5][6]. Future Arrangements - The repurchased shares will be used for employee stock ownership plans or equity incentive plans, and any untransferred shares will be canceled in accordance with legal regulations [11].