Zhejiang Dafeng Industry (603081.SH) has adjusted the upper limit of the share repurchase price to not exceed 19.40 yuan per share.

Zhejiang Dafeng Industry (603081.SH) announced that due to changes in the capital market and the company's stock price, the stock price has exceeded the original buyback price limit set in the buyback plan. In order to ensure the smooth implementation of the buyback plan, the company has adjusted the buyback price limit from no more than RMB 15.45 per share (inclusive) to no more than RMB 19.40 per share (inclusive). The adjusted price does not exceed 150% of the company's average stock price 30 trading days before the resolution of the board of directors on the adjustment of the buyback price limit. Based on the adjusted price limit of RMB 19.40 per share, the number of shares to be bought back is estimated to be approximately 5.15 million shares to 10.3 million shares. Other terms of the buyback plan remain unchanged.