Sangfor repurchases shares worth CNY 19.9m

Sangfor Technologies Co., Ltd. (SZSE:300454) announced that it has repurchased 364,900 company shares through its dedicated repurchase account as of February 28, 2025. These shares represent 0.09% of the current total share capital. The highest transaction price was ￥55.00 per share, and the lowest was ￥54.22 per share, with the total transaction amount reaching ￥19,938,676.00 (excluding transaction fees). The repurchase is part of the company's previously announced plan to buy back shares for employee stock ownership or equity incentive plans, with a total amount ranging from ￥100 million to ￥200 million. The company said it will continue to implement the repurchase plan based on market conditions while abiding by regulations.