Thunder Software details progress on share buyback program

Thunder Software Technology Co., Ltd. announced progress on its share repurchase program as of November 30, 2025. The company's board of directors approved a plan on April 7, 2025, to repurchase shares via centralized bidding, with a total capital outlay of not less than 50m yuan and not exceeding 100m yuan, and a repurchase price not exceeding 96 yuan per share. The repurchased shares are intended for employee stock ownership plans or equity incentives, with the program spanning 12 months from its approval date.

As of November 30, 2025, Thunder Software had cumulatively repurchased 659,700 shares, representing 0.14% of its total share capital. The highest price paid for a share was 69.94 yuan, while the lowest was 48.65 yuan. The total capital used for these repurchases amounted to 34.5488m yuan, excluding transaction fees.

The company has also secured a "Loan Commitment Letter" from China Merchants Bank Co., Ltd. Beijing Branch for a dedicated share repurchase loan, indicating its intent to continue the repurchase plan. Thunder Software affirms that its repurchase activities comply with the established repurchase plan and relevant laws and regulations, and it will continue to disclose progress as required.