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Shenzhen Yinghe Technology repurchases 1% of shares for employee incentives

September 2, 2025 at 12:30 PM UTCBy FilingReader AI

Shenzhen Yinghe Technology Co., Ltd. announced the progress of its share repurchase program, which commenced following approvals in January 2025. The program aims to repurchase shares using company funds and/or self-raised capital for employee equity incentives, with a total value between RMB 100 million and RMB 200 million. The maximum repurchase price was adjusted to RMB 28.82 per share as of August 5, 2025, following the 2024 annual equity distribution.

As of August 31, 2025, the company has repurchased 6,504,400 shares through concentrated bidding via its dedicated securities account, representing 1% of its current total share capital. The highest transaction price was RMB 21 per share, and the lowest was RMB 15.38 per share, with a total transaction value of RMB 125,431,832 (excluding transaction fees).

The company confirmed that the repurchase activities adhere to its approved repurchase plan and relevant laws and regulations. Shenzhen Yinghe Technology will continue its repurchase program as market conditions allow, fulfilling its disclosure obligations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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