Luculent Technology: 2026-069 Announcement on the progress of repurchasing the company’s shares

Securities code: 301305 Securities abbreviation: Luculent Technology Announcement number: 2026-069

Shenzhen Langkun Technology Co., Ltd.

Announcement on the progress of repurchasing the company's shares

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, and contains no false records, misleading statements or major omissions.

Shenzhen Luculent Technology Co., Ltd. (hereinafter referred to as the "Company") held the eighth meeting of the fourth board of directors on July 23, 2026, and reviewed and approved the "Proposal on the Plan to Repurchase the Company's Shares", agreeing that the company will use its own funds to repurchase some of the company's issued RMB ordinary shares (A shares) through centralized bidding transactions, and use them for employee stock ownership plans or equity incentives at an appropriate time in the future. The total amount of funds for this repurchase shall not be less than RMB 50 million (inclusive) and not exceed RMB 100 million (inclusive), and the share repurchase price shall not exceed RMB 41.10 per share (inclusive). The specific number and amount of shares repurchased shall be based on the actual number and amount of shares repurchased at the expiration of the repurchase period or the end of the repurchase. The implementation period of this share repurchase is within 3 months from the date of review and approval of the repurchase plan by the board of directors. For details, please refer to the "Announcement on the Plan to Repurchase the Company's Shares" (Announcement No.: 2026-054) and the "Repurchase Report" (Announcement No.: 2026-056) disclosed by the company on the cninfo.com (www.cninfo.com.cn) on July 23, 2026 and July 28, 2026.

According to relevant regulations such as the "Share Repurchase Rules for Listed Companies" and "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 9 - Repurchase of Shares" (hereinafter referred to as the "Repurchase Guidelines"), companies should disclose the progress of repurchases as of the end of the previous month within the first three trading days of each month. The specific situation is now announced as follows:

1. Progress of repurchasing the company’s shares

As of August 31, 2026, the company has repurchased a total of 1,407,494 shares through the special securities account for share repurchase through centralized bidding transactions, accounting for 0.58% of the company's current total share capital. The highest transaction price is 25.08 yuan/share, and the lowest transaction price is 21.46 yuan. Yuan/share, the total transaction amount was RMB 32,277,962.94 (excluding transaction fees).

This repurchase complies with the company's share repurchase plan and the requirements of relevant laws and regulations.

2. Description of other matters

(1) The company's time for repurchasing shares, the number of shares repurchased, the entrustment period and transaction price of centralized bidding transactions, etc. comply with the relevant provisions of the "Repurchase Guidelines", as follows:

1. The company did not repurchase the company’s shares during the following periods:

(1) From the date when a major event that may have a significant impact on the trading price of the company's securities and its derivatives occurs or during the decision-making process, to the date of disclosure in accordance with the law;

(2) Other circumstances specified by the China Securities Regulatory Commission and Shenzhen Stock Exchange.

2. The company repurchases the company's shares through centralized bidding transactions and meets the following requirements:

(1) The entrusted price shall not be the price that limits the trading increase of the company’s stock on that day;

(2) No share repurchase entrustment shall be made during the opening call auction, closing call auction and trading days when the stock price has no limit on the price increase or decrease of the Shenzhen Stock Exchange;

(3) Other requirements stipulated by the China Securities Regulatory Commission and Shenzhen Stock Exchange.

(2) The company will continue to implement this repurchase plan within the repurchase period based on market conditions, and will promptly perform information disclosure obligations in accordance with relevant regulations and progress. Investors are advised to pay attention to investment risks.

Board of Directors of Shenzhen Langkun Technology Co., Ltd.

September 1, 2026