Unilumin Group Co Ltd

Jucan Optoelectronics and Unilumin have signed a strategic cooperation agreement, under which the two parties will establish a long-term strategic partnership focused on stable supply of Mini direct-view chips, technical collaboration, and quality co-building. According to the agreement, Unilumin commits to a guaranteed minimum procurement amount of no less than 50 million yuan from Jucan Optoelectronics for the 2026 fiscal year, with subsequent annual minimum amounts to be negotiated by both parties at the end of the preceding year. Jucan Optoelectronics has been deeply engaged in the LED chip field for many years, and its Mini direct-view chips are currently at full production and full sales.

Unilumin Technology announced plans to buy back shares worth no less than 50 million yuan and no more than 100 million yuan, at a price not exceeding 7.85 yuan per share. The estimated number of shares to be repurchased ranges from 6.37 million to 12.74 million, accounting for 0.59% to 1.17% of total share capital. In the first quarter of 2026, the company achieved revenue of 1.4 billion yuan, with a net loss attributable to the parent company of 82.96 million yuan.

A number of A-share companies have collectively disclosed their share buyback progress for July, with leading firms making sizable repurchases that stood out in the market. Baijiu leader Wuliangye bought back approximately 802 million yuan in July alone, bringing its cumulative buyback amount to about 1.002 billion yuan as of July 31. The company had earlier approved a plan to repurchase shares worth between 8 billion and 10 billion yuan within 12 months. Luxshare Precision had spent a total of about 1 billion yuan on its A-share buybacks by the end of July. Yonghe Shares completed its first buyback of roughly 8.1774 million yuan on the very first trading day after its shareholders' meeting approved a 150 million to 300 million yuan repurchase plan. In addition, Daqin Railway plans to buy back shares worth 400 million to 500 million yuan and cancel all of them to reduce registered capital. Sungrow Power intends to use 500 million to 1 billion yuan for share buybacks to fund employee stock ownership plans or equity incentives. Unilumin Group, PoCo Holding, Hongjing Technology, and Shenglan Technology also disclosed buyback plans ranging from tens of millions of yuan to 200 million yuan.