Yonyou Network continues share repurchase program

Yonyou Network Technology (SSE:600588) announced the continued progress of its share repurchase program via centralized bidding. In April 2025, the company repurchased 491,100 shares, spending CNY 6,496,236. As of April 30, 2025, Yonyou Network has cumulatively repurchased 2,891,790 shares, representing 0.085% of the company's total share capital. The highest purchase price was CNY 18.44 per share, and the lowest was CNY 9.87 per share. The total expenditure to date on the repurchase program is CNY 32,263,091 (excluding commissions). The company stated that it will continue to implement the repurchase plan in accordance with relevant regulations and market conditions and will fulfill its information disclosure obligations. The repurchase is intended for equity incentives or employee stock ownership plans.