Xinhecheng: For the first time, we will repurchase 0.0235% of the shares for approximately 21.52 million yuan.

New Hecheng announcement: The company approved the share repurchase program on June 23, 2026, with a planned repurchase amount of 300 million to 600 million yuan. The repurchase price will not exceed 45.5 yuan per share and will be used for implementing equity incentives or employee stock ownership plans. As of June 30, 2026, the company has not yet implemented the repurchase. On July 1, 2026, the company repurchased 723,000 shares through the centralized bidding method for the first time, accounting for 0.0235% of the total share capital. The highest transaction price was 29.97 yuan per share, the lowest transaction price was 29.56 yuan per share, and the transaction amount was 21.5261 million yuan.