Jiangsu Rijiu Optoelectronics JointCompany completed first share buyback, signaling confidence and supporting share price.

Jiangsu Rijiu Optoelectronics Co., Ltd. completed its first share buyback on July 28, 2026, repurchasing 2.8 million shares through centralized bidding, accounting for 0.9962% of the company's total share capital, with a total payment of approximately 29.58 million yuan. The highest transaction price in this buyback was 10.70 yuan per share, and the lowest was 10.50 yuan per share. The funds came from the company's own capital, and the buyback price did not exceed the plan's upper limit of 18.22 yuan per share. The company's board of directors had previously approved the buyback plan on July 22, proposing to use its own funds to repurchase shares worth between 50 million and 100 million yuan, with a buyback period of three months, for the purpose of maintaining company value and shareholder interests. The company stated that it will continue to implement the buyback based on market conditions.
Jiangsu Rijiu Optoelectronics JointCompany completed first share buyback, signaling confidence and supporting share price.