Appo(SH:688007) Shang Hai Zheng Quan Bao·2025-05-05 20:06Core Viewpoint - Shenzhen Guangfeng Technology Co., Ltd. is currently in a critical period of strategic implementation and business transformation, facing some pressure on short-term performance, but remains committed to its strategic direction and continues to invest in R&D for core components and cutting-edge fields, expressing confidence in long-term development and gratitude to shareholders through share repurchase actions [2] Summary of Share Repurchase - As of the announcement date, the company has completed five phases of share repurchase plans since 2022, acquiring a total of 9,440,792 shares for a total expenditure of RMB 158.76 million (excluding transaction fees) [2] - The company approved a share repurchase plan on April 9, 2025, allowing for the repurchase of shares at a price not exceeding RMB 18.50 per share, with a total expenditure between RMB 10 million and RMB 20 million, to be executed within six months [3] - The company completed its 2025 share repurchase plan by April 30, 2025, acquiring 1,414,034 shares, which is 0.3079% of the total share capital, at prices ranging from RMB 13.73 to RMB 14.47 per share, totaling RMB 19.99 million (excluding transaction fees) [4][5] - The repurchased shares will be used for employee stock ownership plans or equity incentives, and if not utilized within three years, will be legally canceled [6][7]