GuangZhou Wahlap Technology Corporation Limited

Huali Technology announced that it plans to repurchase shares through centralized bidding transactions for no less than 10 million yuan and no more than 20 million yuan, to maintain company value and shareholder equity, with a repurchase price not exceeding 21.64 yuan per share.

On the evening of August 17, several A-share companies including Feiliks, Digital China, and Huali Technology disclosed buyback plans. Feiliks plans to repurchase shares for 40 million to 60 million yuan, to be used for equity incentives or an employee stock ownership plan, at a price not exceeding 7.95 yuan per share. Its semi-annual report released the same day showed first-half revenue of 3.334 billion yuan, up 10.02 percent year on year, while net profit was 24.604 million yuan, down 17.62 percent year on year. Digital China plans to repurchase shares for 200 million to 400 million yuan, to be used for an employee stock ownership plan and/or equity incentive plan, at a price not exceeding 39.72 yuan per share, and has obtained a loan commitment letter from the Shenzhen branch of China Construction Bank. Huali Technology plans to repurchase shares for no less than 10 million yuan and no more than 20 million yuan, to safeguard company value and shareholder interests, at a price not exceeding 21.64 yuan per share.

Wahlap Technology announced that its first officially licensed NBA star coin arcade machine, NBA Super All-Stars, officially entered the domestic market and began operations on August 3. The product was jointly developed by Wahlap Technology and top global arcade manufacturers Raw Thrills and Play Mechanix, with Wahlap Technology serving as the core operating entity, fully responsible for development planning, marketing, on-site operations, and card terminal distribution within the authorized region. The first batch of star coins covers 10 teams, 40 popular stars, and 160 star designs. Players obtain physical star coins by inserting coins into offline arcade machines and simultaneously bind them to the Wajiahui WeChat mini-program, unlocking a complete entertainment loop of play and collect, star development, rare star coin exchange, and competitive battles. Wahlap Technology stated that the NBA has over 1 billion loyal fans worldwide and over 300 million core audiences in China. This collaboration marks the company's further expansion from anime and game IPs into the high-potential sports IP sector, continuously deepening its ecosystem layout of IP plus equipment plus scenarios plus derivatives plus digital operations.