According to Zhitong Finance App News, Connett Optics (02276) issued an announcement. In order to further protect shareholders' rights and enhance investor confidence, in accordance with the general mandate and the general mandate to repurchase shares, the board of directors has approved another H share repurchase plan (2026-2027 H share repurchase plan) with a total repurchase amount of not more than HK$400 million. The details are as follows:

Based on firm confidence in the Company's future development prospects and high recognition of the Company's value, in order to further protect shareholders' rights and enhance investor confidence, the Company plans to repurchase the Company's H shares after comprehensively considering its business development prospects, operating conditions, financial situation, future profitability, and recent performance of the Company's H shares in the secondary market.

The total capital used in the 2026-2027 H share repurchase programme will not exceed HK$400 million (maximum limit). The funding source for the 2026-2027 H share repurchase program will be the Company's internal funds or other funds permitted by applicable laws and regulations. If domestic funds are used for repurchases, the company will arrange for the funds to leave the country by means of its own foreign exchange or foreign exchange purchases, and can only implement it by finally obtaining the relevant permission from the Foreign Exchange Administration.

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