Longcheer Repurchases 271,100 A Shares, Trimming Free Float by 0.06%

Bulletin Express10-14 17:02

Shanghai Longcheer Technology Co., Ltd. (Longcheer) reported a share buyback on 14 October 2026, purchasing 271,100 A shares on the Shanghai Stock Exchange for employee incentive and ownership schemes.

The repurchased shares were acquired at prices between RMB 33.70 and RMB 34.25, implying a volume-weighted average cost of approximately RMB 33.93 per share. Total consideration amounted to RMB 9.20 million.

Post-transaction, Longcheer’s outstanding share count fell from 461.09 million to 460.82 million, a reduction of 0.06%. Treasury shares increased to 9.12 million, while total issued shares remained unchanged at 469.94 million.

The company confirmed that the repurchase complied with all relevant regulations of the Shanghai and Hong Kong stock exchanges, and the shares will be held in treasury for future incentive programmes rather than immediate cancellation.

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