According to the Pinay announcement, the company held a board of directors meeting on December 15 to review and approve the share repurchase plan. It plans to use 1-2 billion yuan of its own and/or self-funded funds to repurchase A shares through centralized bidding. The repurchase price is not more than 70 yuan/share. The number of repurchases is 142.86-2.8571 million shares, accounting for 0.32%-0.63% of the total share capital. The repurchase period is within 3 months from review and approval by the board of directors. As of September 30, the company's financial situation is good, and this repurchase will not have a significant impact on the company's operations, etc. Furthermore, there are risks in this repurchase, such as the share price exceeding the upper limit, major events occurring, and new regulatory regulations.

According to the Pinay announcement, the company held a board of directors meeting on December 15 to review and approve the share repurchase plan. It plans to use 1-2 billion yuan of its own and/or self-funded funds to repurchase A shares through centralized bidding. The repurchase price is not more than 70 yuan/share. The number of repurchases is 142.86-2.8571 million shares, accounting for 0.32%-0.63% of the total share capital. The repurchase period is within 3 months from review and approval by the board of directors. As of September 30, the company's financial situation is good, and this repurchase will not have a significant impact on the company's operations, etc. Furthermore, there are risks in this repurchase, such as the share price exceeding the upper limit, major events occurring, and new regulatory regulations.