Stock code: 688686 Stock abbreviation: Opt Announcement No.: 2025-008

Guangdong Opt Technology Co., Ltd

Announcement on the implementation results of share repurchase and share changes

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content.

Important Content Notes:

The repurchase plan was first disclosed on September 24, 2024

The implementation period of the buyback plan is 12 months after the approval of the board of directors

The estimated repurchase amount is 30 million yuan ~ 60 million yuan

The upper limit of the repurchase price is 136.00 yuan per share

□ reduce the registered capital

Buyback Purpose √ for employee stock ownership plans or equity incentives

□ is used to convert the company's convertible bonds

□ to maintain the company's value and shareholders' rights

The actual number of shares repurchased was 342,767 shares

The actual number of shares repurchased accounted for 0.2804% of the total share capital

The actual repurchase amount was 30.0318 million yuan

The actual repurchase price range is 61.38 yuan/share~106.58 yuan/share

1. Repurchase approval and repurchase plan content

On September 23, 2024, the company held the 17th meeting of the third board of directors and deliberated and passed the "About

Proposal on the plan to repurchase the company's shares by means of centralized bidding transactions", agreeing that the company will use its own funds to repurchase part of the company's A shares in a centralized bidding transaction, and use the repurchased shares for employee stock ownership plans or equity incentives at an appropriate time in the future, with the total amount of repurchase funds not less than RMB 30 million (inclusive) and not more than RMB 60 million (inclusive), and the repurchase price shall not exceed 80.00 yuan per share (including the number). The period for repurchasing shares shall not exceed 12 months from the date of approval of the repurchase plan by the board of directors of the company. For details, please refer to the public

On September 27, 2024, the Company disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn) the "About

Repurchase Report on the Repurchase of the Company's Shares by Centralized Auction Transaction.

On October 14, 2024, due to the company's implementation of the 2024 semi-annual profit distribution, the price of the repurchased shares

The upper limit has been adjusted from no more than RMB80.00 per share (inclusive) to no more than RMB79.87 per share (inclusive).

For details, please refer to the company's website on the Shanghai Stock Exchange on October 15, 2024

(www.sse.com.cn) Announcement on the Adjustment of the Upper Limit of the Repurchase Price after the Implementation of the Half-Year Equity Distribution in 2024 as disclosed.

On December 30, 2024, the company held the 20th meeting of the third board of directors and deliberated and approved the "Guan

In the "Proposal on Adjusting the Source of Funds for Repurchased Shares" and the "Proposal on Adjusting the Upper Limit of the Price of Repurchased Shares", the Board of Directors of the Company agreed to adjust the source of funds for the repurchase from "own funds" to "own funds and special loan funds", and at the same time adjust the upper limit of the price of repurchased shares from RMB 79.87 per share (including the principal number) to no more than RMB

96.00 yuan/share (inclusive). For details, please refer to the Company's Shanghai Stock Exchange on December 31, 2024

The "Announcement on Adjusting the Source of Funds for Repurchased Shares" and the "Announcement on Adjusting the Upper Limit of the Price of Repurchased Shares" disclosed on the website (www.sse.com.cn).

On March 10, 2025, the company held the 22nd meeting of the third board of directors and deliberated and approved the "Guan

In the proposal to adjust the upper limit of the price of repurchased shares, the board of directors of the company agreed to adjust the upper limit of the price of repurchased shares from RMB96.00 per share (inclusive) to no more than RMB136.00 per share (inclusive). The details are detailed

See the www.sse.com.cn Company's "Guan

Announcement on the adjustment of the upper limit of the price of shares to be repurchased.

Second, the implementation of the repurchase

(1) On November 26, 2024, the company conducted a centralized auction transaction through a special securities account for repurchase

For the first time, 79,570 shares of the company were repurchased, representing 0.0651% of the company's total share capital. The repurchase of shares was the highest transaction

The price was 62.26 yuan/share, the lowest transaction price was 61.38 yuan/share, and the total turnover was 4.914 million yuan (excluding printing

Transaction fees such as taxes, trading commissions, etc.). For details, please refer to the "Close" disclosed by the Company on November 27, 2024

Announcement on the repurchase of the company's shares for the first time.

(2) As of the disclosure date of this announcement, the company's share repurchase plan has been implemented. The company repurchased a total of 342,767 shares of the company through a centralized auction transaction through the special securities account for repurchase, accounting for the total shares of the company

0.2804% of Ben. The highest transaction price of the repurchased shares was 106.58 yuan per share, and the lowest transaction price was 61.38 yuan

per share, with a total turnover of 30.0318 million yuan (excluding stamp duty, transaction commissions and other transaction costs).

(3) There is no difference between the actual implementation of the company's share repurchase plan and the original disclosed repurchase plan, and the company has completed the repurchase in accordance with the disclosed repurchase plan.

(4) The share repurchase will not have a significant impact on the company's daily operations, financial condition and future development

Effect. After the completion of the share repurchase, it will not lead to a change in the control of the company, and the distribution of the company's equity after the repurchase meets the listing conditions and will not affect the company's listing status.

3. The trading of shares by relevant entities during the repurchase period

On September 24, 2024, the Company disclosed the repurchase of shares for the first time, as detailed in the Company's announcement in 2024

On September 24, the Shanghai Stock Exchange website (www.sse.com.cn) disclosed the "Announcement on the Proposal of the Controlling Shareholder, the Actual Controller and Their Persons Acting in Concert to Repurchase the Company's Shares and the Implementation of the 2024 Action Plan of "Improving Quality and Efficiency and Refocusing on Returns" and the "Announcement on the Plan to Repurchase the Company's Shares by Centralized Bidding Transaction".

As of the disclosure of this announcement, the company's controlling shareholders, actual controllers and their persons acting in concert, directors, supervisors, senior managers, and proponents of the repurchase of shares have not bought or sold the company's shares during the repurchase period.

4. Statement of changes in shares

Before and after the share repurchase, the changes in the company's shares are as follows:

Before the buyback After the buyback is completed

Share class

Number of shares (shares) Proportion (%) Number of shares (shares) Proportion (%)

Limited Shares Outstanding 0 0 0 0

Unrestricted shares outstanding 122,235,455 100.00 122,235,455 100.00

Among them: repurchase special securities account 0 0 342,767 0.28

Total number of shares 122,235,455 100.00 122,235,455 100.00

5. Arrangements for the disposal of repurchased shares

The company has repurchased a total of 342,767 shares, which will be used for the company's equity incentive or employee stock ownership plan at an appropriate time in the future. During the period when the above-mentioned repurchased shares are deposited in the company's special securities account for share repurchase, they do not enjoy the right to vote at the general meeting of shareholders, profit distribution, conversion of provident fund to share capital, subscription of new shares and allotment, pledge and other rights. If the company fails to implement the above-mentioned purposes and complete the transfer within three years after the issuance of this announcement, the procedures for reducing the registered capital will be performed in accordance with the law, and the untransferred shares will be cancelled and the registered capital of the company will be reduced accordingly.

The follow-up company will comply with the relevant laws and regulations such as the "Rules for Share Repurchase of Listed Companies" and the "Self-Regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange No. 7 - Repurchase of Shares" and the purpose disclosed in the company's share repurchase plan, use the repurchased shares, and perform the decision-making procedures and information disclosure obligations in accordance with the regulations, please pay attention to the investment risks.

The announcement is hereby made.

Board of Directors of Guangdong Opt Technology Co., Ltd

March 13, 2025