Lingyi iTech announces first share repurchase

Guangdong Lingyi iTech Co., Ltd. announced its first share repurchase on May 8, 2025, buying back 2,000,000 shares through a dedicated repurchase account via centralized bidding. The repurchase, representing approximately 0.03% of the company's total share capital, saw a high price of CNY 8.29 per share and a low price of CNY 8.27 per share, with a total transaction amount of CNY 16,565,497 (excluding transaction fees). The repurchase aligns with the company's previously announced repurchase plan approved on April 11, 2025, which allows for a total repurchase amount between CNY 200 million and CNY 400 million at a price not exceeding CNY 13.16 per share. The company intends to continue implementing the repurchase plan based on market conditions and funding arrangements.