Lomon Billions adjusts share buyback price after dividend distribution

Lomon Billions Group (SZSE:002601) announced an adjustment to its share repurchase price limit after implementing its first-quarter equity distribution plan for 2025. The revised upper limit for share repurchase has been set at CNY 24.32 per share, down from the previous CNY 24.82 per share. The adjustment is effective from June 11, 2025, the ex-dividend date. This adjustment is in accordance with regulations following the company's decision to distribute a cash dividend of CNY 4.970816 per 10 shares. The company reaffirms that all other aspects of the share repurchase plan remain unchanged and advises investors to exercise caution. The share repurchase program aims to buy back shares worth between CNY 50,000,000.00 and CNY 100,000,000.00 for employee stock ownership or equity incentives.