Lingyi iTech advances H-share issuance, boosts financial strategy

Lingyi iTech (Guangdong) Company's H-share issuance application materials have been accepted by the China Securities Regulatory Commission (CSRC) following submission to the Hong Kong Stock Exchange on November 20, 2025. This move aligns with the company's broader financial strategy, including providing guarantees for its wholly-owned subsidiaries, Lingshengcheng Technology (Jiangsu) Co., Ltd. and Dongtai Lingyu Intelligent Technology Co., Ltd., for a combined 40,000,000 yuan in credit with China Merchants Bank.

The company is also actively engaged in a share repurchase program. As of November 30, 2025, Lingyi iTech has repurchased 38,231,900 shares, representing 0.52% of its total share capital, for a total of 319,911,973.82 yuan. The share repurchase price ceiling was adjusted to 13.14 yuan per share after dividend distributions.