LANJIAN(SH:688557) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-02 22:19Group 1: Contract Details - The company has signed a daily operational contract with a total amount of RMB 138 million (including tax) [2][7] - The contract will take effect upon the signing by both parties and is expected to be completed within 12.5 months [2][13] - The contract is anticipated to positively impact the company's performance in 2026, enhancing its profitability and core competitiveness [2][14] Group 2: Counterparty Information - The counterparty is Nine (Zhuhai) Technology Co., Ltd., a wholly foreign-owned enterprise with a registered capital of RMB 500 million [8][9] - The company has no prior transaction history with the counterparty in the last three accounting years [12] - Nine (Zhuhai) Technology Co., Ltd. is noted to have good creditworthiness and performance capability [10] Group 3: Contract Terms - Payment terms include a 30% advance, 30% upon delivery, 30% upon acceptance, and the remaining 10% after the warranty period [13] - The contract specifies that any disputes should first be resolved through friendly negotiation, failing which legal action may be taken [13] Group 4: Share Buyback Progress - The company has initiated a share buyback program with a budget of between RMB 10 million and RMB 20 million, with a maximum buyback price of RMB 41.88 per share [18] - As of October 31, 2025, the company has repurchased 341,095 shares, accounting for 0.33% of the total share capital, with a total expenditure of approximately RMB 11.99 million [19]