Sangfor Technologies continues share repurchase program

Sangfor Technologies (SZSE:300454) announced the progress of its share repurchase program, revealing that as of March 31, 2025, the company had repurchased 364,900 shares via a dedicated securities account, representing 0.09% of the total share capital. The highest transaction price was CNY 55.00 per share, and the lowest was CNY 54.22 per share, with the total transaction amount reaching CNY 19,938,676.00 (excluding transaction costs). This repurchase is part of a plan approved on January 15, 2025, intended to be used for employee stock ownership or equity incentive plans, with a total repurchase amount between CNY 100 million and CNY 200 million. The company affirmed that the share repurchase activities complied with relevant regulations and will continue based on market conditions.