Linklogis announces $80m share buyback amid increased interim loss

Linklogis Inc. announced an on-market share repurchase of up to $80 million, utilizing its Share Repurchase Mandate within the next 12 months. This board-decided move reflects confidence in the company's intrinsic value and growth potential, despite a loss of RMB382,131 thousand for the six months ended June 30, 2025, a 57.7% increase from the RMB240,801 thousand loss in the prior year.

The company's total revenue and income decreased by 9.3% to RMB374,506 thousand for the first half of 2025, down from RMB413,111 thousand in 2024. This decline was primarily due to pressures in the supply chain asset securitization business and a strategic exit from non-core businesses. Despite this, total transaction volume of supply chain assets processed by its technology solutions reached RMB203.6 billion, with Multi-tier Transfer Cloud showing strong 54.4% year-on-year growth to RMB133.2 billion.

Linklogis also continued its international expansion, establishing operational centers in the UK and USA, and exploring digital asset solutions. The company's adjusted net loss for the period was RMB372,041 thousand. As of June 30, 2025, cash, cash equivalents, and restricted cash totaled RMB5,378,3 million. The board believes the share repurchase is in the best interest of the company and its shareholders.