The public: Planning to repurchase shares worth 40 million to 80 million yuan for the employee stock ownership plan.

The public announcement states that the company will hold a board meeting on August 10, 2026, to review and approve the proposal for share repurchase through centralized bidding. The repurchase amount will not be less than 40 million yuan and will not exceed 80 million yuan, with a repurchase price not exceeding 18.08 yuan per share, and the repurchase period not exceeding 12 months. The repurchased shares are intended for the employee stock ownership plan, and any unused portion within 36 months will be canceled. The company's directors, supervisors, and senior executives, as well as the controlling shareholders, currently have no plans to reduce their holdings in the next 3 or 6 months. There are risks associated with the repurchase related to pricing, operations, and other factors that may lead to inability to implement or changes in the repurchase.