CREC International: Intends to repurchase shares worth 50 million to 100 million yuan and cancel them.

Zhonggong International announced that it plans to repurchase some of the company's A-shares through centralized competitive bidding trading, with a repurchase fund of 50 million to 100 million yuan, and the repurchase price not exceeding 12.85 yuan per share. The repurchased shares will all be cancelled to reduce the registered capital. Based on the upper limit of the amount, it is estimated that 778,210 shares will be repurchased, accounting for 0.63% of the total share capital; based on the lower limit, it is estimated that 389,110 shares will be repurchased, accounting for 0.31%. The implementation period is within 12 months from the approval by the shareholders' meeting. As of September 30, 2025, the company's revenue for the first three quarters was 7.125 billion yuan, with a net profit of 247 million yuan. In addition, the company has warned of risks such as the possibility that the repurchase plan may not be implemented.