Jiayou International: Plans to repurchase shares worth 50-100 million yuan

Jiayou International announced that the company plans to repurchase shares through centralized competitive bidding trading to maintain the company's value and shareholder rights. The total amount of repurchase funds shall not be less than 50 million yuan and not exceed 100 million yuan, with a repurchase price not exceeding 19.47 yuan per share. Based on the upper limit, it is estimated that approximately 5.1361 million shares can be repurchased, accounting for 0.38% of the total share capital; based on the lower limit, it is estimated that approximately 2.5681 million shares can be repurchased, accounting for 0.19% of the total share capital. The repurchase period shall be within 3 months from the date of approval by the board of directors. The repurchased shares will be sold 12 months after the disclosure of the repurchase results and the announcement of the change in shareholding, to be completed within 3 years. Any unsold shares will be canceled.