Guangdong Tapai Group Co., Ltd. issued a progress announcement on the repurchase of the company's shares. As of August 31, 2025, the company has not yet started to implement this round of repurchase. On August 6,
2025, the nineteenth meeting of the sixth board of directors of Guangdong Tapai Group deliberated and adopted the Bill on Repurchase of the Company's Shares. On August 13, the company disclosed the Repurchase Report.
Repurchase progress
As of August 31, 2025, the company has not yet started to implement this round of repurchase.
The company's established repurchase plan shows that the company has decided to use its own funds to repurchase the company's shares from the secondary market through centralized bidding for the implementation of the employee stock ownership plan. The total capital for this share repurchase shall not exceed RMB100 million (inclusive) and shall not be less than RMB50 million (inclusive), the repurchase price shall not exceed RMB10 per share, and the repurchase period shall be within 6 months from the date of approval of the repurchase plan by the board of directors.
Other statements
indicate that the time, quantity and method of share repurchase conform to the established repurchase plan and report, as well as the relevant laws and regulations. At the same time, the repurchase of shares conforms to the relevant provisions of the Shenzhen Stock Exchange in terms of time, quantity and the period of centralized bidding trading.
The company also said that it would strictly comply with the relevant provisions of the Rules for Share Repurchase of Listed Companies (revised in 2025) and the Guidelines for Self-Discipline Supervision of Listed Companies of Shenzhen Stock Exchange No.9-Share Repurchase (revised in 2025), and make and implement repurchase decisions according to market conditions within the repurchase period. At the same time, we should fulfill the obligation of information disclosure in time and remind investors to pay attention to investment risks.
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