002419SZSE

Progress Announcement on the Company's Share Buyback

✨ AI Summary

Tianhong Digital Commerce Co., Ltd. has announced the progress of its share buyback plan, approved by its board and shareholders. As of May 31, 2026, the company has repurchased 27,591,178 shares, representing 2.36% of its total share capital, with a total expenditure of approximately 150 million yuan. The buyback is in compliance with relevant regulations and the company's established plan.

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Full Translation

AI Translation· azure_openai

Tianhong Digital Commerce Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

I. Basic Information on the Share Buyback

The sixth Board of Directors' 30th meeting and the first extraordinary shareholders' meeting of 2025 approved the "Share Buyback Plan," which will repurchase the Company's issued ordinary shares (A shares) through centralized bidding. The total amount for the buyback will not be less than 150 million yuan (inclusive) and not exceed 200 million yuan (inclusive), with a repurchase price not exceeding 7.54 yuan per share. For specific details, please refer to the announcements published by the Company on April 16, July 19, and July 25, 2025, in the Securities Times and on the Giant Tide Information Network (http://www.cninfo.com.cn).

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