Shenzhen Longsys Electronics Co., Ltd. (LONGSYS) disclosed in its Next Day Disclosure Return (dated 8 September 2026) that it repurchased 1,249,455 A-shares on 8 September 2026 via the Shenzhen Stock Exchange.
• Transaction details – Repurchase volume: 1,249,455 A-shares, representing 0.29% of LONGSYS’s pre-transaction issued share capital (429.67 million shares). – Price range: RMB 353.52–RMB 365.38 per share. – Volume-weighted average price: RMB 358.44 per share. – Total consideration: RMB 447.86 million (USD-equivalent not disclosed).
• Post-transaction share metrics – Issued shares outstanding (excluding treasury shares) decreased to 428.42 million. – Treasury shares increased to 1.25 million; no shares were cancelled as of the reporting date.
• Purpose and compliance – The shares were repurchased for use in the company’s share incentive schemes. – The board confirmed that the transaction was authorised and executed in accordance with Hong Kong Main Board Rule 13.25C and Shenzhen Stock Exchange repurchase regulations.
• Additional notes – The filing does not disclose any concurrent share cancellation or details of a repurchase mandate, indicating these were not applicable. – Under Hong Kong Listing Rules, LONGSYS is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares following this repurchase, unless prior Exchange approval is obtained.
The latest action underscores LONGSYS’s ongoing capital management strategy, marginally reducing its share float while allocating treasury shares to employee incentive plans.
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