Guanghe Technology (01989): The share repurchase plan has been implemented, and a total of 2.378,600 A-share shares of the company have been repurchased

Zhitong Finance App News, Guanghe Technology (01989) issued an announcement. As of the disclosure date of this announcement, the company's share repurchase plan has been completed. The company has repurchased 2.378,600 shares of the company's A-share shares through centralized bidding through a special stock repurchase account, accounting for 0.50% of the company's current total share capital. The maximum transaction price is 86.50 yuan/share, and the minimum transaction price is 81.60 yuan/share. The total transaction amount is 1999.9 million yuan (excluding transaction fees).

The total capital of the company to repurchase shares, the repurchase price, the quantity and ratio of shares to be repurchased, and the implementation period for the repurchase of shares are all in accordance with the provisions of laws and regulations and the share repurchase plan reviewed and approved by the board of directors of the company. The company's repurchase amount has exceeded the minimum repurchase amount in the share repurchase plan and has not exceeded the maximum repurchase amount. The repurchase has been completed in accordance with the disclosed share repurchase plan. There is no difference between actual implementation and the disclosed share repurchase plan.

This repurchase of the company's shares will not have a significant adverse impact on the company's finances, operation, R&D, debt performance and future development, and there will be no harm to the interests of the company or all shareholders. The implementation of this repurchase will not lead to a change in the company's control. The company's share distribution still meets the listing conditions and will not affect the company's listing status.

The share repurchase is intended to be used by the company to subsequently implement employee stock ownership plans or equity incentives, which is conducive to further improving and enriching the company's long-term incentive mechanism, effectively motivating the company's core team members, effectively combining shareholders' interests, company interests and employees' interests, and helping the company's long-term healthy development.