Mountain High Holdings announces a share buyback plan of up to $100 million.

On the evening of September 16, Shanggao Holdings announced a share buyback plan with a maximum size of $100 million. Shanggao Holdings stated that the board of directors has decided to exercise the general authorization obtained at the annual general meeting of shareholders to repurchase shares in the open market. The company plans to repurchase shares at a price not exceeding HK$17 per share, with a total amount not exceeding $100 million, funded by existing cash flow and operating funds. Shanggao Holdings is a Chinese enterprise specializing in computer and information technology integration.