300203SZSE

Progress Announcement on Share Buyback by Juguang Technology Co., Ltd.

Focused Photonics (Hangzhou), Inc.··2 pages

✨ AI Summary

Juguang Technology Co., Ltd. announced the progress of its share buyback plan approved on August 20, 2025. As of May 31, 2026, the company has repurchased 5,750,000 shares, representing 1.28% of its total share capital, at a total cost of approximately RMB 106.99 million. The buyback aligns with relevant regulations and the company's established plan.

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Full Translation

AI Translation· azure_openai

Securities Code: 300203

Securities Abbreviation: Juguang Technology

Announcement Number: 2026-023

Juguang Technology (Hangzhou) 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, with no false records, misleading statements, or significant omissions.

On August 20, 2025, the Company held the second meeting of the fifth Board of Directors, where it reviewed and approved the proposal on the share buyback plan. The Company agreed to use its own funds and self-raised funds to repurchase part of the domestic issued ordinary shares (A-shares) through centralized bidding, which will be used for implementing equity incentive plans or employee stock ownership plans at an appropriate time in the future. The total amount for the buyback will not be less than RMB 100 million (inclusive) and not exceed RMB 150 million (inclusive), with a buyback price not exceeding RMB 29.50 per share (inclusive). The buyback period is within 12 months from the date of the Board's approval of this buyback plan.

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