Beijing Baolande Software Corporation(688058) : the company intends to repurchase shares of no less than 40 million yuan and no more than 80 million yuan

Beijing Baolande Software Corporation(688058) (SH Beijing Baolande Software Corporation(688058) , closing price: 64.09 yuan) announced on April 17 that on April 15, 2022, the company received the letter on proposing Beijing Baolande Software Corporation(688058) repurchase of shares of the company submitted to the board of directors by Mr. Yi Cundao, the controlling shareholder, actual controller, chairman and general manager, proposing to repurchase some shares of the company through the trading system of Shanghai Stock Exchange, It will be used for equity incentive or employee stock ownership at an appropriate time in the future. The source of funds for share repurchase is the company’s own funds or self raised funds. The total capital of this repurchase shall not be less than RMB 40 million (inclusive) and not more than RMB 80 million (inclusive); The price of the shares repurchased this time shall not exceed 125 yuan / share (inclusive), and the price shall not be higher than 150% of the average trading price of the company’s shares 30 trading days before the board of directors passed the resolution on share repurchase. The repurchase period shall be within 12 months from the date when the board of directors deliberates and approves the share repurchase plan.

From January to December 2020, Beijing Baolande Software Corporation(688058) the composition of operating revenue is: telecommunications industry accounts for 56.98%, government accounts for 37.71%, finance accounts for 2.72%, and others (mainly enterprise users) account for 2.59%.

Beijing Baolande Software Corporation(688058) ‘s chairman and general manager are Yi Cundao, male, 50 years old, with a master’s degree background.

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