Focused Photonics completes share repurchase, reports shareholder pledge changes

Focused Photonics Hangzhou (SZSE:300203) announced that as of September 29, 2025, it had repurchased 4,750,000 shares, representing 1.06% of its total share capital. The total transaction value reached CNY 89,399,016.00 (excluding transaction fees), with prices ranging from CNY 17.66 to CNY 20.82 per share. This repurchase is part of a program approved on August 20, 2025, with an allocated capital of CNY 100,000,000 to CNY 150,000,000, partially supported by a CNY 135,000,000 loan from China Communications Bank.

In related news, the company’s controlling shareholder, Zhejiang Puduo Technology, partially released 15,865,000 pledged shares, reducing its pledged holdings from 37,865,000 to 22,000,000 shares, now representing 42.45% of its total shares. Additionally, Zhejiang Ruiyang Technology, an entity acting in concert with the controlling shareholder, confirmed that 1,200,000 of its shares are scheduled for judicial auction on November 6-7, 2025. This auction, if completed, will reduce Ruiyang Technology's stake from 12.55% to 12.28% of the company's total shares.