TBEA: Plans to change the purpose of 32,543,800 repurchased shares and cancel them.

TBEA announced that the company intends to change the use of the repurchased 32,543,800 shares, which have not been utilized, from "for implementing employee stock ownership plans or equity incentive" to "for cancellation and reduction of registered capital." The total funds used for this portion of repurchased shares amount to 600 million yuan. After the cancellation is completed, the company's total share capital will be changed from 5.053 billion shares to 5.020 billion shares. Additionally, this meeting will also review proposals to amend the "Articles of Association," extend the validity period of the shareholders' resolution for issuing convertible bonds to unspecified objects until September 2, 2027, and extend the corresponding authorization for the board of directors to handle related matters until September 2, 2027.