BOE Tech initiates share repurchase program

BOE Technology Group (SZSE:000725) announced it has initiated its share repurchase program of public shares. The decision, approved at previous board and shareholder meetings, saw the company repurchase 20,583,000 A-shares on June 30, 2025, representing approximately 0.056% of the company's A-shares and 0.055% of the total share capital. The repurchases were executed at a high of CNY4.02 per share and a low of CNY3.99 per share, with a total cost of CNY82,375,331 (excluding transaction fees). The company confirmed the repurchase aligns with existing regulations and the established repurchase plan, with continued monitoring of market conditions for future repurchases.