Thunder Software progresses share repurchase, securing loan for program

Thunder Software Technology Co., Ltd. has announced the latest progress on its share repurchase program, initially approved on April 7, 2025. As of September 30, 2025, the company has cumulatively repurchased 601,300 shares through centralized bidding, representing 0.13% of its total share capital. The aggregate amount of funds utilized for this repurchase totals CNY 30,747,400 (excluding transaction fees), with prices ranging from a high of CNY 55.90 per share to a low of CNY 48.65 per share.

The ongoing repurchase program aims to acquire shares totaling between CNY 50,000,000 and CNY 100,000,000 at a maximum price of CNY 96 per share. Funded by the company's own capital or self-raised funds, the repurchased shares are intended for employee stock ownership plans or equity incentives, with the program's implementation period extending 12 months from its approval.

Furthermore, the company has secured a "Loan Commitment Letter" from China Merchants Bank Beijing Branch for a dedicated share repurchase loan. Thunder Software Technology will adhere to market conditions and regulatory requirements to continue implementing the repurchase plan and fulfilling its information disclosure obligations.