Jingdong Fang Technology Group Co., Ltd. (hereinafter referred to as "the Company") announced on March 30, 2026, during the 11th meeting of the 12th Board of Directors, the approval of the proposal regarding the share buyback plan. The details of the proposal were disclosed in the announcement dated April 1, 2026 (Announcement No.: 2026-022), and the report on the implementation of the share buyback plan was disclosed on April 4, 2026 (Announcement No.: 2026-029).
1. Specific Situation of the Company's Share Buyback
Based on the "Regulations on Share Buybacks of Listed Companies" and the "Guidelines for the Self-Regulation of Listed Companies on the Shenzhen Stock Exchange" (hereinafter referred to as "the Guidelines"), the buyback ratio of the Company's shares has increased to 2% since the event began on May 2, 2026. The buyback situation is as follows:
| Item | Amount |
|---|---|
| Total number of shares repurchased | 790,000,080 |
| Buyback ratio of the Company's shares | 2.1326% |
| Maximum transaction price per share | 4.30 yuan |
| Total amount of funds used for the buyback | 3,296,150,277.40 yuan (excluding transaction fees) |
This buyback complies with relevant legal regulations and aligns with the Company's established buyback plan.
2. Other Explanations
The timing of the Company's share buyback, the number of shares repurchased, and the price of shares repurchased are subject to the relevant provisions of the Guidelines.
- The Company will not conduct share buybacks if significant adverse events occur or if there are changes in policies that may affect the buyback process.
- The Company will focus on the trading methods that comply with the Guidelines for share buybacks, including:
- Not exceeding the daily trading limit for shares.
- Not conducting transactions that violate the trading rules of the Shenzhen Stock Exchange.
- Other requirements as stipulated by the China Securities Regulatory Commission and the Shenzhen Stock Exchange.