Digital China Group reports share repurchase progress

Digital China Group (SZSE: 000034) announced the progress of its share repurchase program, initially approved on October 29, 2024. As of February 28, 2025, the company has repurchased 1,086,700 shares, representing 0.16% of the total share capital, through a dedicated securities account via centralized competitive bidding. The highest transaction price was ¥32.75 per share, and the lowest was ¥32.15 per share. The total expenditure amounted to ¥35,219,085.00 (excluding transaction costs). The company stated that the repurchase activities align with relevant laws and regulations and the established repurchase plan, utilizing company funds and special loans. Digital China Group affirmed it would continue implementing the repurchase plan based on market conditions while adhering to disclosure requirements.