Rongcheer Industrial Technology (Suzhou) Co. Ltd. A

Rongqi Technology announced that it has recently obtained a loan commitment letter from the Suzhou branch of China Merchants Bank, securing a special stock repurchase loan facility of up to 45 million yuan, specifically for repurchasing company shares, with a loan term not exceeding 36 months.

Rongqi Technology announced that as of July 31, 2026, the company had repurchased a total of 330,000 shares through its dedicated repurchase securities account via centralized bidding, accounting for 0.47% of its current total share capital. The highest transaction price was 47.28 yuan per share, the lowest was 42.95 yuan per share, and the total transaction amount was 14.6897 million yuan. According to the repurchase plan approved at the 12th meeting of the third board of directors held on July 20, 2026, the company intends to use no less than 25 million yuan and no more than 50 million yuan of its own funds to repurchase A-shares for the purpose of maintaining company value and shareholder equity. The repurchase price will not exceed 106 yuan per share, and the implementation period is within three months from the date of board approval.

Rongqi Technology and others have jointly established Suzhou Rongqixin Optoelectronics Co., Ltd. The company's business scope includes the manufacturing and sales of specialized equipment for semiconductor devices, sales of mechanical equipment, and artificial intelligence industry application system integration services.

Rongqi Technology announced plans to repurchase company shares worth 25 million to 50 million yuan, to maintain company value and shareholder equity. The buyback price will not exceed 106 yuan per share.