YDME has completed its share repurchase, which will be used for employee stock ownership or incentives

Beijing YDME Technology Co., Ltd. announced the results of its share repurchase implementation and share change announcement. On September 19, 2024, the company's board of directors approved the repurchase plan, intending to use its own funds to repurchase shares through centralized bidding, with an amount of 40 million to 80 million yuan, at a price not exceeding 20.07 yuan per share, with a term until September 19, 2025. A total of 2,629,186 shares were actually repurchased, accounting for 0.18% of the total share capital, using funds of 49,966,801.73 yuan, with an average price of 19.00 yuan per share. This repurchase has no significant impact on the company's operations, finances, and future development, and does not affect control or listing status. The repurchased shares will be used for employee stock ownership plans or equity incentives, and any unused portion will be canceled if not transferred within three years