Seagull shares: plans to repurchase company shares worth 60 million to 120 million yuan.

Seagull Corporation announced that Jiangsu Seagull Cooling Tower Co., Ltd. plans to use its own funds and/or self-raised funds to repurchase some RMB common stocks through centralized bidding trading. The repurchase amount is not less than RMB 60 million to 120 million, and the repurchase price does not exceed RMB 17 per share. The repurchase period is 12 months from the date of approval by the board of directors. The repurchased shares will be used for employee stock ownership plans or equity incentives.