Lomon Billions advances share repurchase program

As of August 31, 2025, Lomon Billions Group has repurchased 1,564,600 shares, representing 0.0656% of its total share capital. The repurchases were executed at a highest price of RMB 16.34 per share and a lowest price of RMB 16.18 per share, with a total expenditure of RMB 25,481,016, excluding transaction fees. This activity aligns with the company's previously announced plan to use proprietary funds and repurchase-specific loans for equity incentives or an employee stock ownership plan.

The company's board initially approved a share repurchase program on June 6, 2025, with a total value between RMB 50,000 and RMB 100,000. The buyback period extends for 12 months from the approval date, with the first repurchase occurring on July 1, 2025. All repurchases adhere to regulatory requirements outlined by the Shenzhen Stock Exchange and the China Securities Regulatory Commission.

Lomon Billions Group will continue to implement the share repurchase plan as market conditions and company performance dictate. The company also commits to fulfilling its information disclosure obligations in accordance with relevant laws and regulations, reminding investors to be aware of investment risks.