Deyuan New Materials: plans to repurchase company shares worth 20-40 million yuan.

Deguan New Materials announced that the company plans to use its own funds and special share repurchase loan funds to repurchase company shares through centralized bidding trading, with a repurchase price not exceeding 32.44 yuan per share. The total amount of funds for the repurchase shall not be less than 20 million yuan and not more than 40 million yuan, with an estimated repurchase quantity of 616,523 shares to 1,233,045 shares, accounting for 0.46% to 0.92% of the company's current total share capital. The repurchase period shall not exceed 12 months from the date of the approval by the board of directors.