Core Viewpoint - Kailong High-Tech Co., Ltd. has announced the progress of its share repurchase and sale plan, indicating that as of October 31, 2025, the company has not yet implemented the sale of repurchased shares, which is scheduled to occur between November 17, 2025, and May 16, 2026 [1][3]. Summary by Sections Share Repurchase Overview - The share repurchase plan initiated in 2024 was approved by the board on February 5, 2024, with a budget of between 12 million yuan and 20 million yuan, and a maximum repurchase price of 20.00 yuan per share [2]. - By May 4, 2024, the company had completed the repurchase, utilizing 14.7061 million yuan, which allowed for the repurchase of approximately 73,530 to 147,060 shares based on the maximum price [2]. Sale Plan Progress - The board's decision on October 23, 2025, initiated the sale of 1.2233 million shares, representing 1.06% of the total share capital, with the sale period starting from November 17, 2025, to May 16, 2026 [3]. - As of October 31, 2025, the company had not yet entered the actual sale phase due to the 15 trading day preparation period following the announcement [3]. Future Monitoring - The company is required to disclose the progress of the sale within three trading days of the end of each month, with the next updates expected in November and beyond to assess the sale's pace, pricing, and potential impact on the company's stock price [5].