According to the Zhitong Finance App, Luoshi Robot (03752) issued an announcement. According to the resolution passed by the company's shareholders at the special shareholders' meeting held on October 30, 2026, the board of directors of the company was granted general authorization to repurchase the company's H shares. According to the repurchase authorization, the company can repurchase up to 25.324,600 H shares, which is equivalent to 10% of the total number of H shares issued by the company (excluding treasury shares (if any)) on the day the repurchase authorization is approved. On October 30, 2026, the board of directors resolved to approve the repurchase of the company's H shares on the Hong Kong Stock Exchange Limited open market from time to time within the scope of the repurchase authorization, subject to market conditions and the actual situation of the company. The total repurchase amount shall not exceed HK$200 million (or equivalent in foreign currency). The actual number of H shares to be repurchased shall not exceed the number of H shares that can be repurchased under the repurchase authorization. The implementation period for the H share repurchase starts on October 31, 2026 and ends on October 30, 2027 (including that date), but not beyond the date the repurchase authorization expires. The repurchased H shares will be cancelled or held as treasury shares.
The board of directors comprehensively considered the Group's current business situation, financial situation, funding arrangements and future development prospects. It believes that under the current market conditions, the relevant repurchase arrangements will help enhance shareholder returns, optimize the company's capital structure, protect the company's value and the rights and interests of all shareholders, and conform to the overall interests of the company and shareholders. The board of directors also believes that the company's current financial resources enable it to implement H share repurchases while maintaining a sound financial situation, and that the H share repurchase will not have a significant adverse impact on the company's working capital requirements or capital debt level.