Darbond Technology Co. Ltd. AChairman proposes share buyback of 12-24 million yuan, signaling confidence and supporting share price.

Xie Haihua, one of the actual controllers and chairman of Darbond Technology, has proposed that the company repurchase a portion of its issued RMB ordinary shares, with a total repurchase amount of no less than 12 million yuan and no more than 24 million yuan. The upper limit of the repurchase price will not exceed 150 percent of the average trading price of the company's shares over the 30 trading days prior to the board's approval of the buyback plan. The repurchased shares will be used for employee stock ownership plans or equity incentives. In the first quarter of 2026, Darbond Technology achieved revenue of 406 million yuan and a net profit attributable to the parent company of 34.41 million yuan.
Darbond Technology Co. Ltd. AChairman proposes share buyback of 12-24 million yuan, signaling confidence and supporting share price.