Core Points - The company has approved a plan to reduce its repurchased shares through centralized bidding, with a maximum of 1,931,076 shares to be sold, representing 1% of the total share capital [1] - The repurchase plan was completed on March 19, 2024, with a total of 8,110,405 shares repurchased, accounting for 4.20% of the total share capital, at a total cost of approximately 98.86 million yuan [2] - The first reduction of repurchased shares occurred on September 1, 2025, with 108,000 shares sold, generating approximately 1.94 million yuan, and the average selling price was 17.98 yuan per share [2] Company Share Repurchase Details - The repurchase was conducted using self-owned funds, with a total budget between 80 million yuan and 100 million yuan, and a maximum purchase price of 20.00 yuan per share [1] - The company plans to sell the repurchased shares within three years after the announcement of the repurchase results, or else the unsold shares will be canceled [1] - As of August 31, 2025, the company had not yet reduced any of the repurchased shares prior to the first sale [2]
长缆科技: 关于首次减持回购股份暨回购股份集中竞价减持进展的公告