# Wangsu Science & Technology: Plans Share Buyback for Cancellation; Neutral CDN Leader Benefits Long-term from the AI Inference Era

English summary

# Plans to repurchase shares worth RMB 300 million to 600 million for cancellation. The company announced on July 30 that it plans to repurchase shares through centralized bidding transactions, with a total repurchase amount of no less than RMB 300 million and no more than RMB 600 million. The repurchase price shall not exceed RMB 21.17 per share. The repurchased shares will be cancelled to reduce the company's registered capital. The repurchase period is within 12 months from the date the shareholders' meeting approves the repurchase plan. # Agentic AI, multimodal, and on-device AI drive growth in edge intelligence demand. Applications such as Agentic, multimodal, and intelligent agents have shown a clear bandwidth pull effect and drive demand for low-latency, nearby processing, opening a new growth ceiling for the company's CDN business. In addition, smart hardware such as AI glasses also bring an explosive increase in uplink bandwidth demand, and with the expansion of computing cloud nodes, this will form a new profit growth point for the company. Currently, the company has a globally distributed edge platform with over 2,800 nodes. In 2025, an additional RMB 150 million in fixed asset investment laid the foundation for growth. ...