Suntak Technology Plans to Spend 60 Million to 120 Million Yuan on Share Buyback

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Suntak Technology announced on September 2 that it plans to repurchase company shares, with a total buyback amount of no less than 60 million yuan and no more than 120 million yuan. The company expects to repurchase approximately 3.11 million to 6.23 million shares, accounting for about 0.25% to 0.50% of its total share capital. The buyback period will be no more than 12 months from the date the board approves the plan, and the repurchased shares will be used for employee stock ownership or equity incentives. In the first half of 2026, Suntak Technology achieved revenue of 4.33 billion yuan and net profit attributable to the parent company of 152 million yuan.

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