Longcheer Technology buys back 0.12% of A-share float for RMB 20.00 million

Bulletin Express08-06

Shanghai Longcheer Technology Co., Ltd. disclosed a share repurchase on 6 August 2026 via its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.

The company bought back 546,200 A Shares on the Shanghai Stock Exchange at prices ranging between RMB 36.22 and RMB 37.14 per share, spending a total of RMB 19.99 million. The volume-weighted average purchase price was approximately RMB 36.62 per share.

Following the transaction, the number of issued shares excluding treasury shares declined by 0.12% to 465.65 million. Treasury shares increased to 4.68 million, equivalent to roughly 0.99% of the total 470.33 million issued shares, which remains unchanged.

The repurchased shares will be held as treasury shares for potential use in the company’s stock incentive and/or stock ownership schemes; no shares were cancelled. The board confirmed that the buyback complied with all relevant regulatory and listing requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment