LANJIAN(SH:688557) Shang Hai Zheng Quan Bao·2025-08-01 19:10Core Viewpoint - The company, Lanjian Intelligent Technology Co., Ltd., has initiated a share buyback program to utilize its own funds for employee stock ownership plans or equity incentives, with a total budget of between RMB 10 million and RMB 20 million [2]. Group 1: Share Buyback Basic Information - On May 29, 2025, the company's controlling shareholder and chairman proposed a share buyback using self-owned funds through centralized bidding [2]. - The board approved the buyback plan on June 5, 2025, allowing for a maximum repurchase price of RMB 41.88 per share within a 12-month period [2]. Group 2: Progress of Share Buyback - As of July 31, 2025, the company has repurchased a total of 151,890 shares, representing 0.15% of the total share capital of 102,679,640 shares [3]. - The highest and lowest prices for the repurchased shares were RMB 33.29 and RMB 32.61 per share, respectively, with a total expenditure of RMB 499.92 million (excluding transaction fees) [3]. Group 3: Compliance and Other Matters - The share buyback is in compliance with relevant laws and regulations [4]. - The company will continue to make buyback decisions based on market conditions and will fulfill its information disclosure obligations in a timely manner [5].