Zhongqi New Materials: Intends to repurchase shares with 100 million to 150 million RMB.

Zhongqi New Materials Announcement: The company plans to repurchase shares through centralized competitive trading, with a repurchase amount of no less than 100 million yuan and not exceeding 150 million yuan, and a repurchase price not exceeding 71.81 yuan per share. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentives. It is expected that the number of repurchased shares will be approximately 1.3927 million shares to 2.089 million shares, accounting for 1.08% to 1.63% of the company's total share capital. The repurchase period is within 12 months from the date of approval by the board of directors, and the sources of funds include own funds and special loans for stock repurchases.