Shanghai Phoenix announced that the company plans to repurchase 30 million shares to 50 million B-shares through centralized bidding transactions. The repurchase price will not exceed 0.575 US dollars/share. All repurchased shares will be cancelled and registered capital reduced. The implementation period for the repurchase is from August 19, 2026 to February 19, 2027. As of September 8, 2026, the company had repurchased a total of 6.516,400 shares, accounting for 1.3157% of the total share capital. The repurchase price range was 0.513 US dollars/share - 0.554 US dollars/share, with a cumulative repurchase amount of US$3,556,800.

Shanghai Phoenix announced that the company plans to repurchase 30 million shares to 50 million B-shares through centralized bidding transactions. The repurchase price will not exceed 0.575 US dollars/share. All repurchased shares will be cancelled and registered capital reduced. The implementation period for the repurchase is from August 19, 2026 to February 19, 2027. As of September 8, 2026, the company had repurchased a total of 6.516,400 shares, accounting for 1.3157% of the total share capital. The repurchase price range was 0.513 US dollars/share - 0.554 US dollars/share, with a cumulative repurchase amount of US$3,556,800.