Shang Hai Zheng Quan Bao·2025-10-10 19:40Core Viewpoint - The controlling shareholder of Jiangsu Hengtong Optic-Electric Co., Ltd. (hereinafter referred to as "the company") has initiated a share buyback plan to enhance investor confidence and support the company's sustainable development [2][3]. Summary by Sections 1. Disclosure of Buyback Plan - The controlling shareholder, Hengtong Group Co., Ltd. (hereinafter referred to as "Hengtong Group"), plans to buy back shares worth no less than 150 million yuan (approximately 21.5 million USD) and no more than 300 million yuan (approximately 43 million USD) [2]. 2. Progress of Buyback Plan - As of October 9, 2025, Hengtong Group has completed the first buyback on September 22, 2025, acquiring 100,000 shares, which represents 0.0041% of the total share capital, with a transaction value of 2.28 million yuan (approximately 0.33 million USD) [3]. - Hengtong Group currently holds 586,329,925 shares, accounting for 23.77% of the total share capital, while Hengtong Group and its concerted parties hold a total of 681,624,358 shares, representing 27.63% of the total share capital [3]. 3. Risks Related to Buyback Plan - There are potential risks that the buyback plan may not be implemented due to changes in the capital market or other unpredictable factors [4][5]. - As of October 9, 2025, the actual buyback amount has not reached 50% of the lower limit of the planned range, indicating that the buyback plan is still ongoing [6]. 4. Other Information - The implementation of the buyback plan will not affect the company's listing status or lead to changes in the controlling shareholder or actual controller [7].