Lanjian Intelligent Technology Co., Ltd. Announcement on the First Repurchase of Company Shares through Centralized Bidding Trading Method

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2026-03-28 10:45:50

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Stock code: 688557 Stock abbreviation: Langjian Intelligent Announcement No.: 2026-009

Langjian Intelligent Technology Co., Ltd.

Announcement on the Company’s First Repurchase of Its Shares by the Company Using the Centralized Competitive Trading Method

The board of directors of the Company and all directors hereby guarantee that there are no false records, misleading statements, or material omissions in the contents of this announcement, and assume legal responsibility for the truthfulness, accuracy, and completeness of the contents.

Key Matters:

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I. Basic Information on the Share Repurchase

On March 20, 2026, the Company’s controlling shareholder, actual controller, and Chairman Mr. Wu Yaohua proposed that the Company implement a share repurchase by using the Company’s own funds or self-raised funds through the centralized competitive trading method, and use the repurchased shares at an appropriate future time for an employee share ownership plan or equity incentives. The Company convened the 14th meeting of the Fifth Session of the Board of Directors on March 23, 2026, and examined and approved the resolution on the “Second Phase of Repurchasing Company Shares by the Centralized Competitive Trading Method.” It was agreed that the Company will use no less than RMB 20 million and no more than RMB 40 million of its own funds, with a repurchase price of no more than RMB 56.01 per share (inclusive), to repurchase the company’s shares and use them at an appropriate future time for an employee share ownership plan or equity incentives. The repurchase period is within 6 months from the date the board approves the repurchase plan. For details, please refer to the “Second Phase of Repurchasing Shares by the Centralized Competitive Trading Method: Repurchase Plan and Repurchase Report” (Announcement No.: 2026-007) disclosed by the Company on March 24, 2026 on the website of the Shanghai Stock Exchange (www.sse.com.cn).

II. Progress of the Share Repurchase

Pursuant to relevant provisions including the “Share Repurchase Rules for Listed Companies,” and the “Self-Regulatory Guidance No. 7 for Listed Companies of the Shanghai Stock Exchange—Repurchasing Shares,” among others, “a listed company shall make an announcement on the next trading day after the first occurrence of the share repurchase,” and the Company hereby announces its first repurchase of shares as follows:

On March 26, 2026, the Company, through the Shanghai Stock Exchange system, conducted its first repurchase of shares using the centralized competitive trading method: 313,822 shares were repurchased, representing 0.31% of the Company’s total share capital of 102,679,640 shares. The minimum transaction price was RMB 31.46 per share, and the maximum transaction price was RMB 32.10 per share. The total payment was RMB 9.9979 million (excluding transaction fees such as stamp tax, transaction brokerage fees, etc.).

This share repurchase complies with applicable laws and regulations as well as the Company’s established repurchase plan.

III. Other Matters

The Company will strictly comply with the “Share Repurchase Rules for Listed Companies,” the “Self-Regulatory Guidance No. 7 for Listed Companies of the Shanghai Stock Exchange—Repurchasing Shares,” and other relevant provisions. Within the repurchase period, it will make and implement repurchase decisions when appropriate based on market conditions. At the same time, it will promptly fulfill its information disclosure obligations in accordance with the progress of the repurchase of shares. Investors are kindly requested to pay attention to investment risks.

This announcement is hereby issued.

Board of Directors of Langjian Intelligent Technology Co., Ltd.

March 27, 2026

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