Jufei Optoelectronics updates progress on share buyback program

Shenzhen Jufei Optoelectronics (SZSE:300303) announced the latest progress of its share repurchase program, which commenced following board approval on April 18, 2025. As of September 30, 2025, the company has repurchased 3,670,300 shares through concentrated bidding, representing 0.2593% of its total share capital.

The shares were acquired at a highest price of CNY 7.11 per share and a lowest price of CNY 5.82 per share, totaling an investment of CNY 22,925,147.00. The repurchase funds are sourced from the company's own funds, with the aim of using the repurchased shares for future employee stock ownership plans or equity incentives. The company plans to repurchase shares worth no less than CNY 80,000,000 and no more than CNY 100,000,000, with a price cap of CNY 9.74 per share (adjusted from CNY 9.87 due to a 2024 equity distribution plan).

The repurchase program is set to conclude within 12 months from the board's approval date and adheres to relevant laws and regulations. The company will continue to implement the buyback plan as market conditions permit and provide timely disclosures.