Sun Yueming announced that the 11th meeting of the fourth board of directors of the company reviewed and approved the share repurchase plan. It is proposed to use its own funds to repurchase through centralized bidding transactions to protect the company's value and shareholders' rights. The repurchase price is no more than 36 yuan/share, with a total capital of 28.8 million to 57.6 million yuan. It is estimated that 800,000 to 1.6 million shares will be repurchased, accounting for 1%-2% of the total share capital. The implementation period is 3 months from the date of approval by the board of directors. The board of directors authorizes management to handle related matters; there is no need to submit the matter to the shareholders' meeting for consideration.

Sun Yueming announced that the 11th meeting of the fourth board of directors of the company reviewed and approved the share repurchase plan. It is proposed to use its own funds to repurchase through centralized bidding transactions to protect the company's value and shareholders' rights. The repurchase price is no more than 36 yuan/share, with a total capital of 28.8 million to 57.6 million yuan. It is estimated that 800,000 to 1.6 million shares will be repurchased, accounting for 1%-2% of the total share capital. The implementation period is 3 months from the date of approval by the board of directors. The board of directors authorizes management to handle related matters; there is no need to submit the matter to the shareholders' meeting for consideration.