Lomon Billions begins share repurchase program, buying 1.56m shares

Lomon Billions Group announced progress on its share repurchase program, having repurchased 1,564,600 shares as of November 30, 2025. This represents 0.0656% of the company's total share capital. The highest price paid for these shares was RMB 16.34 per share, while the lowest was RMB 16.18 per share, with a total transaction amount of RMB 25,481,016 (excluding transaction fees).

The repurchase program was authorized on June 6, 2025, with a mandate to repurchase shares using proprietary funds and a dedicated repurchase loan. The total value of shares to be repurchased is set between RMB 500,000,000 and RMB 1,000,000,000, at a price not exceeding RMB 24.32 per share. The program is set to be implemented within 12 months from the date of board approval.

The company’s share repurchase activities have adhered to relevant laws and regulations, including those set by the Shenzhen Stock Exchange. Lomon Billions Group plans to continue implementing the repurchase scheme within the designated period, adapting to market conditions and company performance, and will provide timely disclosures of its progress.