Focused Photonics begins share buyback program to boost value

Focused Photonics (Hangzhou) Co., Ltd. announced the commencement of its share repurchase program, approved by its board of directors on August 20, 2025. The company plans to repurchase its A-shares using its own and borrowed funds. The shares are intended for future equity incentive or employee stock ownership plans. The total repurchase amount will be between 100 million yuan and 150 million yuan, at a price not exceeding 29.50 yuan per share, over a 12-month period.

As of August 31, 2025, Focused Photonics has repurchased 150,000 shares through a dedicated securities account via centralized bidding. This accounts for 0.03% of the company's total share capital. The highest transaction price for these repurchases was 20.82 yuan per share, and the lowest was 20.73 yuan per share, with a total transaction value of 3,116,378.00 yuan (excluding transaction fees).

The company has secured a loan commitment from the Hangzhou Huansha Branch of the Bank of Communications for up to 135 million yuan specifically for the share buyback. Focused Photonics will continue to implement its repurchase plan within the designated period, adhering to relevant regulations and ensuring timely information disclosure.