Thunder Software progresses share repurchase plan with significant investment

Thunder Software Technology has made notable strides in its share repurchase program, which commenced following a board resolution on April 7, 2025. The program, with a budget ranging from RMB 50 million to RMB 100 million and a price cap of RMB 96 per share, aims to utilize repurchased shares for employee stock ownership plans or equity incentives. Funding for this initiative primarily comes from the company’s own funds or self-raised capital.

As of October 31, 2025, Thunder Software has cumulatively repurchased 620,700 shares through its dedicated securities account via centralized bidding. This represents 0.13% of the company’s total share capital. The highest price paid per share was RMB 69.94, while the lowest was RMB 48.65. The total capital expended on these repurchases amounts to RMB 32,072,700, excluding transaction fees.

The company recently secured a loan commitment from the Beijing Branch of China Merchants Bank to support the continued execution of this repurchase plan. Thunder Software Technology reaffirms its intention to proceed with the share repurchase within the stipulated timeframe, adhering to all relevant laws and regulations, and will provide further disclosures as required.