YONGYUE(SH:603879) Shang Hai Zheng Quan Bao·2025-12-01 19:39Core Viewpoint - Yongyue Technology Co., Ltd. plans to reduce its repurchased shares through centralized bidding, having already repurchased 4,851,100 shares, which is 1.35% of the total share capital [2][3]. Summary of Key Points Share Repurchase Details - The company repurchased 4,851,100 shares from March 2024 to May 2024, representing 1.35% of its total share capital [2]. Progress of the Reduction Plan - On October 30, 2025, the company approved a plan to reduce the repurchased shares, intending to sell up to 4,851,100 shares within a six-month period from November 24, 2025, to May 23, 2026 [3]. - The selling price will be determined based on the market price at the time of sale [3]. Reduction Implementation Status - As of November 30, 2025, the company has reduced 300,000 shares, which is 0.0835% of the total share capital, with a total transaction amount of 1,807,030 yuan [4]. - The highest transaction price was 6.04 yuan per share, and the lowest was 6.0003 yuan per share, with an average price of 6.0234 yuan per share [4]. Compliance with Regulations - The company will disclose the progress of the share reduction every month within the first three trading days, as required by the Shanghai Stock Exchange regulations [5]. - The reduction plan complies with relevant laws and regulations, including limits on the number of shares sold within specific time frames [5].