Shanghai Longcheer Technology Co., Ltd. (LONGCHEER) disclosed a Next Day Disclosure Return dated 23 July 2026, confirming a buyback of 265,200 A-shares on the Shanghai Stock Exchange on the same day.
The shares were repurchased within a price range of RMB 37.02–38.28, translating to a volume-weighted average cost of RMB 37.68 per share and an aggregate outlay of RMB 9.99 million. The transaction was executed for use in the company’s stock incentive and/or stock ownership schemes.
Following the buyback, outstanding shares excluding treasury stock fell by 0.0567 % to 467.82 million, while treasury shares increased to 2.51 million. Total issued share capital remained unchanged at 470.33 million.
The company affirmed that the repurchase was duly authorised by the board and complied with all applicable rules and regulations, including those of the Shanghai Stock Exchange and the Hong Kong Stock Exchange. All repurchased shares are being held as treasury stock, with no cancellation to date.
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