002600SZSE

Progress Announcement on the Company's Share Repurchase

LINGYI iTECH (GUANGDONG) COMPANY··2 pages

✨ AI Summary

Guangdong Lingyi Technology Co., Ltd. announced the progress of its share repurchase plan, approved on March 26, 2026. As of May 31, 2026, the company repurchased 22,199,300 shares, accounting for 0.30% of its total share capital, with a total expenditure of approximately RMB 311.13 million. The repurchase complies with relevant laws and regulations.

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Full Translation

AI Translation· azure_openai

Guangdong Lingyi Technology 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 false records, misleading statements, or significant omissions.

I. Overview of the Share Repurchase Plan

On March 26, 2026, the Company held the 23rd meeting of the 6th Board of Directors, where it approved the proposal on the share repurchase plan. The Company agreed to repurchase part of its shares using its own funds and special repurchase loans. The shares to be repurchased are the publicly issued RMB ordinary shares (A shares) of the Company, with a total repurchase amount not less than RMB 200 million (inclusive) and not exceeding RMB 400 million (inclusive). The repurchase price shall not exceed RMB 21.10 per share (inclusive). The Company has opened a special securities account for repurchase at the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. and disclosed the announcement and repurchase report on March 28, 2026. For specific details, please refer to the announcements on the Giant Tide Information Network (www.cninfo.com.cn) and the Company's designated information disclosure newspapers.

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