Nar Co., Ltd. announced that the fourth meeting of the sixth board of directors of the company reviewed and passed a bill agreeing to repurchase and cancel 19,500 restricted shares held by Zhang Jie, the original incentive recipient who did not meet the incentive conditions due to his departure. The repurchase price was 4.55 yuan/share. The total amount of capital to be used for the repurchase was 887.25 million yuan. The funding source was the company's own funds. The repurchase and cancellation matters still need to be submitted to the company's shareholders' meeting for consideration and will not have a significant impact on the company's operating performance.

Nar Co., Ltd. announced that the fourth meeting of the sixth board of directors of the company reviewed and passed a bill agreeing to repurchase and cancel 19,500 restricted shares held by Zhang Jie, the original incentive recipient who did not meet the incentive conditions due to his departure. The repurchase price was 4.55 yuan/share. The total amount of capital to be used for the repurchase was 887.25 million yuan. The funding source was the company's own funds. The repurchase and cancellation matters still need to be submitted to the company's shareholders' meeting for consideration and will not have a significant impact on the company's operating performance.