Lomon Billions Group updates on share repurchase program

Lomon Billions Group reported the latest progress of its share repurchase program. As of October 31, 2025, the company had cumulatively repurchased 1,564,600 shares through its dedicated securities account via centralized bidding. This represents 0.0656% of the company's current total share capital.

The repurchases were executed at a highest price of CNY 16.34 per share and a lowest price of CNY 16.18 per share. The total transaction value amounted to CNY 25,481,016, excluding transaction fees. This buyback program aligns with the resolution passed at the eighth board of directors' nineteenth meeting on June 6, 2025, which authorized a total repurchase of not less than CNY 500,000,000 and not more than CNY 1,000,000,000, with a maximum price of CNY 24.32 per share. The program is intended for equity incentive or employee stock ownership plans.

The company affirmed that its share repurchases adhered to relevant laws, regulations, and the stipulated buyback plan. Lomon Billions Group plans to continue implementing the share repurchase program within the specified timeframe, subject to market conditions and company performance.