凌云光技术股份有限公司第二届董事会第十九次会议决议公告

Group 1 - The company held its 19th meeting of the second board of directors on September 19, 2025, with all 9 directors present, ensuring compliance with legal and procedural requirements [2][5][12] - The board approved an adjustment to the upper limit of the share repurchase price from RMB 34.98 per share to RMB 52.00 per share, which is 150% of the average trading price over the previous 30 trading days [3][8][11] - The total repurchase funds will remain between RMB 50 million and RMB 100 million, with the expected number of shares to be repurchased estimated at approximately 192.31 million shares at the upper limit [11][12] Group 2 - The adjustment to the repurchase price is based on market conditions and the company's confidence in its future development, ensuring the smooth implementation of the repurchase plan [10][11][12] - The decision to adjust the repurchase price does not significantly impact the company's financial condition or operational capabilities, and it will not harm the interests of shareholders [11][12] - The company will continue to implement the repurchase plan based on market conditions and will fulfill its information disclosure obligations in accordance with relevant laws and regulations [13]