Paineng Technology announced that the board of directors of the company reviewed and approved the share repurchase plan. It plans to use its own funds and/or self-raised funds to repurchase some A shares through centralized bidding transactions. All of the repurchased shares will be used for equity incentives or employee stock ownership plans. The repurchase price is no more than 59.42 yuan/share, and the total repurchase capital is not less than 100 million yuan and no more than 200 million yuan. The repurchase period is 12 months from the date the board of directors deliberates and approves the repurchase plan. This repurchase plan does not need to be submitted to the company's shareholders' meeting for review.

Paineng Technology announced that the board of directors of the company reviewed and approved the share repurchase plan. It plans to use its own funds and/or self-raised funds to repurchase some A shares through centralized bidding transactions. All of the repurchased shares will be used for equity incentives or employee stock ownership plans. The repurchase price is no more than 59.42 yuan/share, and the total repurchase capital is not less than 100 million yuan and no more than 200 million yuan. The repurchase period is 12 months from the date the board of directors deliberates and approves the repurchase plan. This repurchase plan does not need to be submitted to the company's shareholders' meeting for review.