岩山科技: 关于回购公司股份的进展公告

Core Viewpoint - Shanghai Yanshan Technology Co., Ltd. plans to repurchase a portion of its public shares using its own funds and/or self-raised funds, with a total repurchase amount between RMB 40 million and RMB 60 million, and a maximum repurchase price of RMB 8.28 per share [1][2]. Group 1: Repurchase Plan - The company intends to use no less than 30% of the audited net profit attributable to the parent company's shareholders for the year 2024 for the repurchase [1]. - The repurchased shares will be used to reduce the company's registered capital and will be canceled within ten days after the completion of the repurchase [1]. - The implementation period for the repurchase plan starts from the date of the shareholders' meeting that approved the repurchase [2]. Group 2: Progress and Compliance - As of June 30, 2025, the company has not yet implemented the share repurchase and will choose the timing based on market conditions [2]. - The repurchase progress complies with relevant laws and regulations as well as the company's repurchase plan requirements [2]. - The company will strictly follow the regulations and guidelines related to share repurchase and will disclose information timely during the repurchase period [2].