Tapai group share buyback yet to commence

Guangdong Tapai Group Co., Ltd. announced today that as of August 31, 2025, it has not yet commenced the implementation of its latest share repurchase program. The company previously disclosed the "Repurchase Report" on August 13, 2025, following approval by the Sixth Board of Directors on August 6, 2025.

The approved share repurchase plan involves using proprietary funds to buy back company shares from the secondary market through centralized bidding for an employee stock ownership plan. The total amount of funds allocated for this repurchase is set to be between RMB 50,000,000 and RMB 100,000,000. The repurchase price will not exceed RMB 10 per share, and the repurchase period is six months from the date the board of directors approved the plan.

The company affirmed its commitment to adhere strictly to relevant regulations, including the "Rules for the Repurchase of Shares by Listed Companies (2025 Revision)" and the "Self-Regulatory Guidelines No. 9 for Listed Companies on the Shenzhen Stock Exchange (2025 Revision)," when executing the repurchase. Further progress will be disclosed in a timely manner.