Sangfor Technologies: Proposed repurchase of company shares worth 80-90 million yuan.

Sangfor Technology announced on April 7th that it plans to repurchase company shares through centralized bidding transactions, with a total repurchase amount not less than 80 million yuan and not more than 90 million yuan. The repurchase price will not exceed 120 yuan per share. The repurchased shares will be used for implementing employee shareholding plans or equity incentive plans. The repurchase period is within 12 months from the date the board of directors approves the share repurchase plan.