On July 27, 2026, Honggong Technology made an announcement detailing its intention to repurchase company shares, allocating between RMB 60 million and RMB 90 million for this purpose. The repurchase will be executed at a price not exceeding RMB 100 per share. These shares are earmarked for employee stock ownership plans or equity incentive schemes, with the entire repurchase process slated to span a period of 12 months.
