Lomon Billions Group initiates share repurchase program

Lomon Billions Group (SZSE:002601) announced it has initiated its share repurchase program approved on June 6, 2025. The company repurchased 1,236,700 shares on July 1, 2025, representing 0.0518% of the company's total share capital. The highest transaction price was CNY 16.34 per share, and the lowest was CNY 16.19 per share. The total transaction amount was CNY 20,171,915 (excluding transaction costs). The company intends to use the repurchased shares for equity incentives or employee stock ownership plans, with a total repurchase amount ranging from CNY 500 million to CNY 1 billion. The repurchase will be conducted via centralized bidding within 12 months of the board approval date, subject to market conditions and regulatory requirements.