Announcement on the Results of Share Buyback and Changes in Shares
Shenzhen Lens Technology Co., Ltd. (hereinafter referred to as "the Company") held the fourth meeting of the fifth board of directors on April 7, 2025, where it reviewed and approved the proposal on the share buyback plan. The Company agreed to use its own funds or self-raised funds to repurchase part of its issued ordinary shares (A-shares) through centralized bidding, for the purpose of implementing an employee stock ownership plan or equity incentive plan (hereinafter referred to as "this buyback"). The total amount for the buyback is no less than RMB 500 million (inclusive) and no more than RMB 1 billion (inclusive), with a maximum repurchase price of RMB 34.50 per share (adjusted based on the profit distribution for the fiscal year 2024 and the first half of 2025). The buyback period is within 12 months from the date of the board's approval of the buyback plan. For specific details, please refer to the announcement published by the Company on April 8, 2025, on the Giant Tide Information Network (http://www.cninfo.com.cn) and other media that meet the requirements of the China Securities Regulatory Commission (hereinafter referred to as "CSRC").
According to the "Self-Regulatory Guidelines No. 9 for Listed Companies on the Shenzhen Stock Exchange - Share Buyback" (hereinafter referred to as "Self-Regulatory Guidelines No. 9") and other relevant laws and regulations, the following matters regarding this buyback are announced: