002419SZSE

Announcement on the Progress of Share Repurchase

RAINBOW DIGITAL COMMERCIAL CO., LTD.·April 1, 2026

✨ AI Summary

This announcement details the progress of Rainbow Department Store Co., Ltd.'s share repurchase program. As of March 31, 2026, the company had repurchased 21,405,600 shares, representing 1.8313% of the total share capital, at an average price of 5.19-5.69 yuan/share, totaling 118,011,828.93 yuan. The repurchase is proceeding in accordance with the approved plan and relevant regulations.

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Securities Code: 002419 Securities Abbreviation: Rainbow Department Store Announcement No.: 2026-019

Rainbow Department Store Co., Ltd. Announcement on the Progress of Share Repurchase

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.

I. Basic Situation of Share Repurchase

Rainbow Department Store Co., Ltd. (hereinafter referred to as the "Company") at the 30th meeting of the Sixth Board of Directors and the first extraordinary general meeting of shareholders in 2025 deliberated and approved the "Proposal on Repurchasing Company Shares." The Company will repurchase its issued RMB ordinary shares (A shares) through centralized bidding transactions to reduce the Company's registered capital. The total amount of funds for the repurchase will be no less than RMB 150 million (inclusive) and no more than RMB 200 million (inclusive), with a repurchase price not exceeding RMB 7.54 per share.

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