Xin Lang Cai Jing·2026-02-04 20:31Core Viewpoint - The company has initiated a share buyback program with a budget between RMB 50 million and RMB 100 million, aimed at reducing registered capital through the repurchase of shares [1] Group 1: Share Buyback Basic Information - The company approved a share buyback plan on October 30, 2025, allowing for the repurchase of shares using self-owned or raised funds [1] - The buyback period is set to last no more than three months from the approval date, with a maximum repurchase price of RMB 11.62 per share [1] Group 2: Share Buyback Progress - As of February 4, 2026, the company has repurchased 1,242,000 shares, representing 0.1424% of the total share capital [3] - The highest transaction price during the buyback was RMB 7.69 per share, while the lowest was RMB 7.49 per share, with a total expenditure of RMB 9,426,127 (excluding transaction fees) [3] Group 3: Other Matters - The company will continue to implement the buyback according to market conditions and will fulfill its information disclosure obligations as required by regulations [4]