LONGCHEER Spends RMB 9.99 Million to Repurchase 0.07% of Outstanding A-Shares

Bulletin Express10-15 17:04

Shanghai Longcheer Technology Co., Ltd. (abbreviation: LONGCHEER) disclosed a Next Day Disclosure Return indicating the buyback of 299,900 A-shares on 15 October 2026 via the Shanghai Stock Exchange. The shares were acquired for treasury stock under the company’s equity incentive or employee share-ownership scheme.

Key transaction details show: • Purchase price range: RMB 32.86 to RMB 33.58 per share, with a volume-weighted average of RMB 33.33. • Total consideration: RMB 9.99 million. • Shares repurchased: 299,900, representing 0.07% of LONGCHEER’s issued shares (excluding treasury shares) prior to the transaction.

Capital structure impact: • Issued shares (excluding treasury shares) decreased from 460.82 million to 460.52 million. • Treasury share balance rose from 9.12 million to 9.42 million. • Total issued shares, including treasury stock, remained unchanged at 469.94 million.

The repurchase was executed in compliance with Shanghai Stock Exchange regulations and the Hong Kong Stock Exchange’s disclosure requirements. The company confirmed board authorisation and receipt of all funds due. No shares from this transaction are earmarked for cancellation at this stage.

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