Fiberhome announces share repurchase plan to reduce capital

Fiberhome Telecommunication Technologies Co., Ltd. has unveiled a plan to repurchase its A-shares through centralized competitive bidding, with a total value ranging from 75 million yuan to 150 million yuan. The shares will be acquired using the company's own funds, with the primary purpose of reducing registered capital by cancelling the repurchased shares. The maximum repurchase price is set at 40.53 yuan per share.

The repurchase is scheduled to commence from October 15, 2025, and conclude by April 14, 2026. Based on the price cap, the company expects to repurchase between 1,850,482 and 3,700,962 shares, representing 0.144% to 0.287% of its total share capital. The board has also confirmed that no directors, supervisors, senior management, controlling shareholders, or actual controllers have plans to reduce their holdings within the next six months.

The company emphasizes that this repurchase is driven by confidence in its future stable development and stock value, aiming to protect investor interests. As of June 2025, Fiberhome reported total assets of 43.016 billion yuan, net assets attributable to shareholders of 14.068 billion yuan, and monetary funds of 3.603 billion yuan. The company believes the repurchase will not significantly impact its daily operations or financial health.