Shandong Shuangyi Technology Co Ltd

Shuangyi Technology has released its 2026 interim report, with net profit attributable to the parent company of 134 million yuan. The company's total operating revenue was 598 million yuan, ranking 14th among disclosed peer companies. Net cash inflow from operating activities was 6.3716 million yuan, down 92.55% from the same period last year. The company's latest asset-liability ratio is 22.16%, gross margin is 26.56%, ROE is 8.06%, and diluted earnings per share is 0.81 yuan.

Shuangyi Technology has released a buyback plan, proposing to repurchase shares at a price not exceeding 28 yuan per share, with total funds of no less than 30 million yuan and no more than 50 million yuan. The estimated number of shares to be repurchased is approximately 1.07 million to 1.79 million shares, representing 0.65% to 1.08% of the company's current total share capital of 165 million shares, and the buyback period will not exceed six months. The company stated that the buyback is based on confidence in future development and will be used for employee stock ownership plans or equity incentives, but it cautioned about risks such as the stock price continuously exceeding the buyback price ceiling. This buyback comes as the company's earnings and stock price are both under pressure. In the first quarter of 2026, net profit attributable to the parent company fell 29.81% year-on-year, net cash flow from operating activities was negative 67.3278 million yuan, and the stock price has fallen by more than 30% year-to-date.

Shuangyi Technology announced that the company plans to repurchase part of its A-shares through centralized bidding to be used for employee stock ownership plans or equity incentives. The total buyback amount will be no less than 30 million yuan and no more than 50 million yuan, with a repurchase price not exceeding 28 yuan per share. Based on the upper price limit, the estimated number of shares to be repurchased is approximately 1.0714 million to 1.7857 million shares, accounting for 0.65% to 1.08% of the company's total share capital. The buyback period will not exceed six months from the date of approval by the board of directors.