Leadshine Technology concludes share repurchase program

Shenzhen-based Leadshine Technology announced the completion of its share repurchase program. Initiated in February 2024, the company has repurchased 2,401,100 shares, representing 0.78% of its total share capital, at an average price of CNY 25.02 per share. The total expenditure for the repurchase was CNY 60,082,781.93. The repurchased shares will be used for future employee stock ownership or equity incentive plans. The board of directors confirmed that the repurchase activities adhered to relevant regulations and the company's previously announced repurchase plan.