Core Viewpoint - The company, Fenghuo Communication, announced its first share buyback on October 23, 2025, repurchasing approximately 800,000 shares, which represents 0.062% of its total share capital, at a total cost of approximately 19.99 million RMB [1]. Group 1: Share Buyback Details - The share buyback was conducted through centralized bidding, with a maximum purchase price of 25.13 RMB per share and a minimum price of 24.81 RMB per share [1]. - The total amount spent on the buyback was approximately 19.99 million RMB [1]. Group 2: Financial Performance - For the year 2024, the revenue composition of Fenghuo Communication is as follows: optical communication accounts for 98.63%, while other businesses contribute 1.37% [1]. - As of the report date, the market capitalization of Fenghuo Communication is 32.4 billion RMB [1].
烽火通信:首次回购约80万股