Shanghai Longcheer Technology Co., Ltd. (LONGCHEER, 09611) disclosed that it repurchased 122,200 A-shares on 24 August 2026 via the Shanghai Stock Exchange to support its stock incentive and ownership schemes.
The shares were bought at prices ranging between RMB 36.18 and RMB 37.20, with an implied average cost of approximately RMB 36.84 per share. The aggregate consideration amounted to RMB 4.50 million.
Following the transaction, LONGCHEER’s issued share capital (excluding treasury shares) fell by 0.0264% to 462.46 million shares. Treasury shares increased from 7.74 million to 7.87 million, while the company’s total issued share count remained steady at 470.33 million.
No shares have been cancelled; all repurchased shares are held in treasury. The company affirmed that the buyback was duly authorised by the board and executed in compliance with Shanghai Stock Exchange regulations and relevant Hong Kong listing rules.