Kapu Cloud Share Repurchase Progress: 26.2243 Million Yuan Spent, Over Half of Lower Limit Completed

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On March 24, 2026, KaiPuYun Information Technology Co., Ltd. (hereinafter referred to as “KaiPuYun”) released an announcement on the progress of share repurchase, disclosing the implementation status as of March 23, 2026. The announcement shows that the company has repurchased a total of 224,500 shares, accounting for 0.33% of the total share capital, at a total cost of 26.2243 million yuan, which has completed 52.45% of the original repurchase amount lower limit.

Review of the Repurchase Plan

KaiPuYun held the second extraordinary meeting of the fourth board of directors on February 24, 2026, to review and approve the share repurchase plan. According to the plan, the company intends to use its own funds to repurchase some A-shares through centralized bidding trading within a period of three months from the date of approval by the board, i.e., from February 25, 2026, to May 22, 2026. The repurchase amount ranges from 50 million to 100 million yuan, with a maximum price of 315 yuan per share. The purpose of the repurchase is explicitly stated as “maintaining the company’s value and shareholders’ rights and interests.”

Latest Repurchase Progress: Total of 224,500 Shares Repurchased, Amount Reached 26.2243 Million Yuan

The announcement indicates that as of March 23, 2026, KaiPuYun had repurchased 224,492 shares through the Shanghai Stock Exchange trading system, accounting for 0.33% of the company’s total share capital of 67,550,760 shares. During the repurchase transactions, the highest transaction price was 127.30 yuan per share, and the lowest was 101.17 yuan per share. The total funds paid amounted to 26.2243 million yuan (excluding stamp duty, trading commissions, and other fees).

Based on the original lower limit of 50 million yuan for the repurchase, the company has completed 52.45% of its repurchase target; if calculated against the upper limit of 100 million yuan, the progress is 26.22%. Considering the implementation timeline, there are about two months remaining until the deadline (May 22, 2026), and the subsequent repurchase plan still has sufficient time to proceed.

Purpose of Repurchase: Focus on Maintaining Company Value and Shareholders’ Rights

The core purpose of this share repurchase is “maintaining the company’s value and shareholders’ rights and interests.” Generally, when a listed company’s stock is considered undervalued, it initiates repurchase to signal confidence in the company’s intrinsic value, while reducing the number of circulating shares to boost earnings per share and support the stock price. KaiPuYun stated in the announcement that this repurchase complies with laws, regulations, and the company’s repurchase plan, and will be carried out according to market conditions, with timely disclosure of information.

Risk Reminder

KaiPuYun reminds investors that the company will strictly follow the “Rules for Share Repurchase of Listed Companies” and the “Shanghai Stock Exchange Self-Regulatory Guidelines No. 7 — Share Repurchase” to promote the repurchase process. Investors are advised to pay attention to investment risks.

(Source: Announcement of KaiPuYun Information Technology Co., Ltd.)

Disclaimer: The market involves risks; investment should be cautious. This article is automatically published by an AI model based on third-party databases and does not represent Sina Finance’s views. All information in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for details. If you have questions, contact biz@staff.sina.com.cn.

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