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Torch Electron updates share buyback, schedules half-year performance briefing

September 1, 2025 at 08:20 AM UTCBy FilingReader AI

Fujian Torch Electron Technology Co., Ltd. has updated the market on its share repurchase program, originally approved on August 15, 2025, with an expected value between 30 million yuan and 50 million yuan. As of August 31, 2025, the company has cumulatively repurchased 524,283 shares, representing 0.11% of its total share capital. The total amount spent on repurchases, excluding transaction fees, is 19,994,655.70 yuan, with share prices ranging from 37.18 yuan to 39.081 yuan. This repurchase is intended for employee stock ownership plans or equity incentives.

In a related announcement, Fujian Torch Electron will host a virtual performance briefing for investors on September 12, 2025, from 14:00 to 15:00 CST via the SSE Roadshow Center. This session will allow the company to discuss its 2025 half-year operating results and financial performance, addressing questions submitted by investors from September 5 to September 11, 2025.

Key participants in the briefing will include chairman and general manager Cai Jinjun, board secretary Chen Shizong, financial director Zhou Huanchun, and independent director Lin Tao. The company advises investors to note the risks involved.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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