LX Technology (02436) has announced a plan to repurchase up to HK$200 million of its own shares on the open market. The repurchases will be conducted between the date of this announcement and December 31, 2026, subject to market conditions and the company's capital allocation plans. Funding for the proposed share buyback will come from the company's available internal resources, while ensuring sufficient financial resources are retained to support the ongoing growth of the business. The share repurchases will only be carried out under circumstances that will not have a materially adverse impact on the company's working capital position. Any shares bought back will be held as treasury shares or cancelled. The board of directors will decide whether to cancel these repurchased shares or hold them as treasury shares, based on market conditions and the company's capital situation at the time of each repurchase. The board believes that the company's current share price may not fully reflect the underlying value, operational performance, development, and long-term prospects of the group. Implementing the proposed share repurchase in the current environment demonstrates the company's confidence in the long-term business and development outlook of the group. The board is confident that actively optimizing the company's capital structure through this share buyback will enhance the net asset value per share, ultimately benefiting the company and creating greater value for shareholders.