Mankalong Plans to Spend 20 Million to 40 Million Yuan on Share Buyback for Incentives

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Mankalong announced plans to repurchase shares through centralized bidding, with a total amount of no less than 20 million yuan and no more than 40 million yuan. The maximum repurchase price is 17.8 yuan per share, and the company expects to buy back between 1.12 million and 2.25 million shares, accounting for approximately 0.43% to 0.86% of total share capital. The repurchase period will not exceed 12 months from the date of board approval, and all repurchased shares will be used for equity incentives or employee stock ownership plans. In the first quarter of 2026, the company achieved revenue of 605 million yuan and net profit attributable to the parent company of 57.13 million yuan.

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