Tiantong Corporation: Plans to repurchase shares worth 25-50 million yuan.

Tiantong Corporation announces that the company plans to repurchase shares in the amount of 25-50 million RMB, with a repurchase price not exceeding 10 RMB per share. The funds will come from self-owned funds and self-raised funds. The repurchased shares will be used to implement an employee stock ownership plan. If the shares are not transferred within 36 months, they will be cancelled. The repurchase period will not exceed 12 months from the date of approval by the board of directors.