Shanghai Longcheer Technology Co., Ltd. (LONGCHEER) reported a share buyback executed on 12 October 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.

The company repurchased 291,700 A-shares on the Shanghai Stock Exchange for future use in employee incentive and/or ownership schemes. The repurchase was conducted at prices ranging from RMB 34.03 to RMB 34.48 per share, translating to a volume-weighted average cost of RMB 34.28 and an aggregate outlay of approximately RMB 10.00 million.

Following the transaction: • Issued shares outstanding (excluding treasury shares) declined from 461.62 million to 461.33 million, a reduction of 0.06%. • Treasury shares increased from 8.32 million to 8.61 million. • Total issued share capital remained unchanged at 469.94 million shares, as the repurchased stock is being held in treasury rather than cancelled.

The board confirmed that the repurchase was duly authorized and complied with all relevant listing rules and regulatory requirements. No shares have yet been cancelled, and no on-market sale of treasury shares was reported.

The disclosure was signed by Joint Company Secretary Mr. Zhou Liangliang on 12 October 2026.