Xinyinren: Intends to reduce holdings by no more than 1% and repurchase shares to supplement working capital.

Sin Yu Ren announced that the company has repurchased a total of 3.4615 million shares from February 19, 2024 to February 11, 2025, accounting for 3.5410% of the total share capital. Among them, 2.4594 million shares were used to maintain the company's value and shareholder rights. The company plans to reduce its holdings by no more than 977,500 shares, accounting for 1.0000% of the total share capital, through centralized bidding trading within three months after the disclosure of the announcement, starting from the 15th trading day. The proceeds from the reduction will be used to supplement working capital. Due to regulatory requirements and market factors, the reduction plan may not be completed.