Koal(SH:603232)2024-04-01 08:38Group 1: Share Buyback - The company initiated its first share buyback on November 22, 2023, through the Shanghai Stock Exchange, using a centralized bidding trading method [2] - As of the end of February 2024, the company has repurchased a total of 1,914,700 shares, with a total payment of RMB 23,421,239.00 (excluding transaction fees) [2] - All repurchased shares will be used for future equity incentives or employee stock ownership plans [2] Group 2: Data Security Market Outlook - The demand for data security is continuously growing due to rapid digitalization, networking, and intelligence advancements [3] - The development of data security regulations is increasing the demand from enterprises and organizations for data security solutions [3] - Digital transformation is driving the need for effective protection of massive data generated during the process, promoting innovation and upgrades in data security technologies and products [3] - Emerging technologies such as cloud computing, privacy computing, blockchain, and artificial intelligence are creating new application scenarios and opportunities in the market [3] - Upgraded customer demands are pushing the market towards higher quality and more specialized data security services [3] - The company plans to enhance its technological research and product innovation to improve core competitiveness and market share [3]