Lens Technology updates on share repurchase, early repayment of funds

Lens Technology has disclosed the latest progress in its share repurchase program, initiated following a board resolution on April 7, 2025. As of October 31, 2025, the company had repurchased 3,683,957 shares, representing 0.07% of its total A-share capital, through centralized bidding. The total expenditure for these repurchases reached 107,871,803.03 yuan (excluding transaction costs), with prices ranging from 22.50 yuan to 30.24 yuan per share. This program, intended for employee stock ownership or equity incentive plans, aims for a total repurchase value between 500 million yuan and 1 billion yuan.

Concurrently, Lens Technology has provided an update on its management of temporarily idle raised funds. The company previously approved the use of up to 2.4 billion yuan of idle funds to supplement working capital, with a maturity date of January 12, 2026. The company has since made early repayments totaling 810 million yuan between February and October 14, 2025.

Most recently, Lens Technology repaid an additional 120 million yuan of the temporary working capital supplement ahead of schedule. With these early repayments, a balance of 1.47 billion yuan in temporarily idle raised funds remains outstanding, which the company expects to return in full by the original due date.