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Stock code: 688083 Stock abbreviation: ZWSOFT Announcement No.: 2025-011
Guangzhou Zhongwang Longteng Software Co., Ltd
Announcement on the progress of share repurchase
The board of directors and all directors of the company guarantee that there is no false record, misleading statement or material omission 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 July 16, 2024, by Du Yu, the actual controller and chairman of the company
Mr. Lin proposed
The implementation period of the repurchase plan is 2024/7/16~2025/7/15
The estimated repurchase amount is 30 million yuan ~ 50 million yuan
□ 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 cumulative number of shares repurchased is 211,785 shares
Cumulative number of repurchased shares to total share capital 0.175%
The cumulative amount repurchased is 16,691,549.06 yuan
The actual repurchase price range is 61.48 yuan/share~84.90 yuan/share
1. The basic situation of the repurchase of shares
Guangzhou Zhongwang Longteng Software Co., Ltd. (hereinafter referred to as the "Company") was convened on July 15, 2024
At the fifth meeting of the sixth session of the board of directors, the "Proposal on the Repurchase of the Company's Shares by Centralized Bidding Transaction" was deliberated and approved, and it was agreed that the company should use its own funds to repurchase the company's shares by centralized bidding transaction
The total amount of funds shall not be less than RMB 30 million (inclusive) and not more than RMB 50 million (inclusive), and the repurchase price
The price shall not be higher than RMB 85 per share (inclusive), and the repurchase period shall be approved from the fifth meeting of the sixth board of directors of the company
Within 12 months from the date of this share repurchase plan. For details, please refer to the company's announcement on July 16, 2024,
On July 1 www.sse.com.cn 8, 2024, the "About Yiji
The Plan for the Repurchase of Shares by Medium Auction Transaction (Announcement No.: 2024-054) and the Report on the Repurchase of Shares by Centralized Auction Transaction (Announcement No. 2024-055).
2. Progress of share repurchases
According to the Rules for Share Repurchase of Listed Companies and Article 7 of the Self-Regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange
During the repurchase of shares, the company shall disclose the progress of the repurchase as of the end of the previous month within the first 3 trading days of each month. The progress of the company's share repurchase is hereby announced as follows:
As of March 31, 2025, the Company traded through the Shanghai Stock Exchange trading system through centralized bidding
A total of 211,785 shares were repurchased, accounting for 0.175% of the company's current total share capital of 121,303,799 shares, the highest price of the repurchase transaction was RMB 84.90 per share, the lowest price was RMB 61.48 per share, and the total amount of funds paid was RMB 16,691,549.06 (excluding stamp duty, transaction commissions and other transaction costs).
Because the company has implemented share repurchase plans for many times and used part of the repurchased shares for equity incentives or employee stock ownership plans, the company's special securities account for repurchase has repurchased a total of 433,910 shares of the company through centralized bidding transactions, accounting for 0.358% of the company's total share capital of 121,303,799 shares.
The repurchase of shares is in accordance with the provisions of relevant laws and regulations and the company's share repurchase plan.
3. Other matters
The company will strictly follow the "Rules for Share Repurchase of Listed Companies", "Shanghai Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 7 - Repurchase of Shares" and other relevant regulations, within the repurchase period according to market conditions to make repurchase decisions and implement them, and at the same time timely fulfill the obligation of information disclosure according to the progress of the repurchase of shares, please pay attention to the investment risks.
The announcement is hereby made.
Board of Directors of Guangzhou Zhongwang Longteng Software Co., Ltd
April 2, 2025
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