Wuzhou Transportation: Plans to repurchase shares for 60 million yuan to 120 million yuan for convertible bond conversion.

Wuzhou Communications announced that the company held the eighth meeting of the 11th Board of Directors on October 12, 2026, at which a share repurchase plan was reviewed and approved. It plans to repurchase shares through centralized bidding transactions using its own funds or self-raised funds, with a repurchase amount of no less than RMB 60 million and no more than RMB 120 million, and a maximum repurchase price of RMB 5.00 per share. Based on the upper limit, the proposed repurchase is 12 million to 24 million shares, accounting for 0.75%-1.49% of total share capital. The repurchased shares will be used to convert the company's issued corporate bonds convertible into shares, and the implementation period is within 12 months from the date of approval by the Board of Directors. The company's controlling shareholder, actual controller, directors, supervisors, and senior management have no share reduction plans in the next 6 months. This repurchase is subject to the risk that the plan may not be implemented as scheduled due to the share price exceeding the upper limit, insufficient funds, or other reasons.