Core Viewpoint - Fenda Technology has initiated its first share buyback program, aiming to enhance shareholder value and implement employee stock ownership plans [2][3]. Group 1: Buyback Announcement - On September 3, 2025, Fenda Technology announced the details of its first share buyback [1]. - The buyback plan was approved by the board on April 8, 2025, with a budget of 50 million to 100 million RMB and a maximum buyback price of 12 RMB per share [2]. Group 2: Specifics of the Buyback - On September 2, 2025, the company repurchased 600,000 shares, representing 0.03% of the total share capital, at prices ranging from 7.73 to 7.78 RMB per share, totaling 4,653,000 RMB [3]. - The funds for the buyback were sourced from the company's own funds and a special loan for share repurchase, complying with the established plan and legal regulations [3]. Group 3: Compliance and Future Outlook - The buyback was conducted in compliance with regulations, avoiding periods that could affect stock prices and adhering to trading restrictions [4]. - The company plans to continue the buyback within the designated period, adjusting based on market conditions and fulfilling disclosure obligations [4].
奋达科技首次回购60万股,开启激励计划布局