Ongoal Technology Co., Ltd.

Honggong Technology announced plans to use its own funds and a special bank repurchase loan to buy back company shares through centralized bidding. The total repurchase amount will be no less than 60 million yuan and no more than 90 million yuan, with a repurchase price not exceeding 100 yuan per share. All repurchased shares will be used for employee stock ownership plans or equity incentives. The repurchase period is within 12 months from the date of board approval.

Honggong Technology announced that the company plans to repurchase shares for 60 million to 90 million yuan, to be used for employee stock ownership plans or equity incentives, with a repurchase price not exceeding 100 yuan per share.