Shanghai Rock Mountain Technology updates business license, reduces capital after share buyback

Shanghai Rock Mountain Technology Co., Ltd. has completed the registration of an industrial and commercial change, reducing its registered capital from RMB 5,681,544,596 to RMB 5,670,554,696. This change follows the cancellation of 10,989,900 repurchased public shares, finalized on July 22, 2025. The company's total share capital has consequently changed from 5,681,544,596 shares to 5,670,554,696 shares.

The share buyback program was approved by the board of directors, supervisory board, and shareholders in May and June 2025. The company used its own funds and/or self-raised funds to repurchase shares at a maximum price of RMB 8.28 per share, with total expenditure on the buyback reaching RMB 59,999,750.84, including transaction fees. The repurchased shares represented approximately 0.19% of the company's total share capital at that time.

The company has received a new business license reflecting the updated registered capital. The company's business scope remains unchanged, covering areas such as computer software and hardware systems, information services, and industrial investment.