The company, Lisheng Sports (Shanghai) Technology Co., Ltd. (hereinafter referred to as "the Company"), held its 15th meeting of the Board of Directors on May 13, 2025, and approved the share repurchase plan. The Company decided to use its own funds to repurchase shares through centralized bidding. The total amount of shares to be repurchased shall not exceed 4,000,000 shares, and the repurchase price shall not exceed 17.00 CNY per share. The estimated number of shares to be repurchased is approximately 23,000,000 shares, with a total expenditure not exceeding 400 million CNY.
As of May 12, 2026, the Company has completed the share repurchase plan. Based on the repurchase plan, the Company has repurchased 1,829,200 shares, accounting for 1.1159% of the total shares outstanding. The highest transaction price was 16.8800 CNY per share, and the lowest transaction price was 12.3000 CNY per share, with a total expenditure of approximately 23,946,927.00 CNY (excluding transaction fees). The repurchased shares have been recorded in the Company's account.
Share Repurchase Situation
| Share Type | Quantity (shares) | Percentage |
|---|---|---|
| Limited Sale Shares | 16,938,900 | 10.33% |
| Unlimited Sale Shares | 146,980,938 | 89.67% |
| Total Shares | 163,919,838 | 100.00% |
Note 1: The above table includes the changes in the share structure due to the repurchase.
Note 2: The above situation is based on the repurchase results, and the specific share structure will be recorded in the relevant announcements.