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Jiangbo Long has revealed that on September 8, 2026, the company executed its inaugural share repurchase, acquiring 1.2495 million A-shares through a designated securities account dedicated to repurchases, utilizing the centralized bidding method. These shares represent 0.29% of the company's total share capital, with the entire transaction summing up to 448 million yuan. As per the earlier disclosed strategy, the company plans to utilize its own funds or those raised specifically for this purpose to buy back shares via centralized bidding. The intended use for these repurchased shares is for equity incentive programs or employee stock ownership plans. The overall budget allocated for this repurchase initiative ranges from 400 million yuan to 800 million yuan, with a predefined maximum repurchase price set at 735 yuan per share.
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