Guomai Technologies sells repurchased shares to fund strategic growth

Guomai Technologies sold 10,075,000 repurchased shares through centralized bidding as of September 30, 2025, accounting for 1% of its total share capital. The total transaction value reached RMB 116,283,133.00, with an average selling price of RMB 11.54 per share, ranging from RMB 11.22 to RMB 11.75. This move aligns with the company's plan to divest all 15,536,659 repurchased shares to concentrate resources on its core businesses and facilitate merger and acquisition activities.

The company completed its share repurchase program on March 21, 2024, acquiring 15,536,659 shares at an average price of RMB 6.46 per share. The remaining 5,461,659 repurchased shares will be reduced starting 90 days after the initial sale, subject to market conditions.

Guomai Technologies emphasizes that the proceeds from this reduction will help fund strategic acquisitions in the Internet of Things and smart health segments, addressing business and technological gaps. The company reiterates its commitment to maintaining strong cash flow and strategic reserves to uphold shareholder value.