300624SZSE

Progress Announcement on the Company's Share Buyback

✨ AI Summary

The announcement details the progress of Wankang Technology Group's share buyback plan approved on April 25, 2025. As of March 31, 2026, the company has repurchased 537,494 shares, representing 0.28% of its total share capital, with a total expenditure of approximately RMB 33.99 million. The buyback is funded by the company's own funds and special loans, adhering to relevant regulations.

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Full Translation

AI Translation· azure_openai

Wankang Technology Group 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.

On April 25, 2025, the Company held the 24th meeting of the 4th Board of Directors, where it approved the proposal for the share buyback plan. The Company agreed to use its own funds and self-raised funds to repurchase shares through the Shenzhen Stock Exchange's trading system via centralized bidding, intended for employee stock ownership plans or equity incentive plans. The buyback period is within 12 months from the date of the Board's approval of this buyback plan, with a maximum repurchase price not exceeding RMB 89.85 per share (inclusive), and the total amount for the buyback not less than RMB 25 million (inclusive) and not exceeding RMB 50 million (inclusive). For specific details, please refer to the announcement on the share buyback plan disclosed by the Company on April 28, 2025, on the Giant Tide Information Network (Announcement No.: 2025-019).

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