Alto Electronics announced that the company plans to use its own capital of 10 million to 20 million yuan to buy back A shares through centralized bidding, and the repurchase price will not exceed 8 yuan/share. According to this estimate, it is estimated that 1.25 million to 2.5 million shares will be repurchased, accounting for 0.1910% to 0.3820% of the total share capital, for employee stock ownership plans or equity incentives. The implementation period shall not exceed 12 months from review and approval by the board of directors. As of the date of disclosure of the announcement, the relevant entities have no plans to reduce their holdings. This repurchase involves risks such as price and plan implementation.

Alto Electronics announced that the company plans to use its own capital of 10 million to 20 million yuan to buy back A shares through centralized bidding, and the repurchase price will not exceed 8 yuan/share. According to this estimate, it is estimated that 1.25 million to 2.5 million shares will be repurchased, accounting for 0.1910% to 0.3820% of the total share capital, for employee stock ownership plans or equity incentives. The implementation period shall not exceed 12 months from review and approval by the board of directors. As of the date of disclosure of the announcement, the relevant entities have no plans to reduce their holdings. This repurchase involves risks such as price and plan implementation.