Qingdao Novelbeam Technology (688677.SH) has repurchased a total of 1.5876 million shares and completed the buyback program.

Qingdao Novelbeam Technology (688677.SH) announced that, as of the disclosure date of the announcement, the company has repurchased a total of 1.5876 million shares through the Shanghai Stock Exchange's centralized bidding trading system, accounting for 1.32% of the company's total share capital. The highest repurchase price was 51.95 yuan per share and the lowest repurchase price was 28.53 yuan per share. The total amount paid for the repurchase was 58.9905 million yuan (excluding stamp duty, trading commissions, and other transaction costs). The repurchase program has been completed.