Chengdu Corpro updates share buyback, guarantees subsidiary loan

Chengdu Corpro Technology (SZSE:300101) announced that as of September 30, 2025, it had repurchased 1,859,600 shares through its dedicated securities account via centralized bidding. This represents 0.3274% of its total share capital, with a total transaction value of 38,993,139.00 yuan. The repurchase, initially approved on November 8, 2024, aims to use company funds and a stock repurchase loan for an employee stock ownership plan or equity incentive.

Separately, Chengdu Corpro Technology has provided a joint and several liability guarantee for its wholly-owned subsidiary, Chengdu Guoyi Electronic Technology Co., Ltd. The guarantee supports a working capital loan of up to 20,000,000 yuan from Industrial Bank Co., Ltd. Chengdu Branch, with a guarantee period of three years from the maturity date of the main contract.

This guarantee, approved by the board on September 17, 2025, constitutes 1.12% of the company's 2024 audited net assets. Following this, the cumulative guarantee balance now stands at 79,990,000 yuan, representing 4.49% of the company's 2024 audited net assets. The company stated there are no overdue external guarantees or guarantees involved in litigation.