(603341)"SHANGHAI LONGCHEER TECHNOLOGY CO., LTD."Announcement on Progress in Repurchasing Shares through Call Auction

Summary by 6ix AI

Shanghai Longcheer Technology Co., Ltd. announced progress in its share repurchase plan through a call auction. The company has repurchased a total of shares, representing a small percentage of its total capital, with a significant amount spent on these transactions. The announcement details the repurchase plan's timeline and the maximum price per share, along with the total funds allocated for the buyback. The company will continue to disclose updates on the repurchase in accordance with regulatory requirements.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries