Announcement on the Progress of Share Buyback by Shunhao Co., Ltd.

✨ AI Summary

Shunhao Co., Ltd. announced the progress of its share buyback program initiated on September 18, 2025. As of May 31, 2026, the company has repurchased 13,446,415 shares, representing 1.2685% of its total share capital, with a total expenditure of approximately RMB 99.99 million. The buyback is part of a plan to support employee stock ownership and equity incentives.

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