Kosai Technology: plans to repurchase shares amounting to 30-50 million yuan.

Announcement from Cosi Technology: The company plans to repurchase shares through centralized bidding with its own funds, with a total repurchase amount of no less than 30 million yuan and not more than 50 million yuan, and a repurchase price not exceeding 80 yuan per share. The repurchased shares will be used for equity incentives, employee stock ownership plans, or cancellation and reduction of the company's registered capital. The repurchase period is within 12 months after approval by the shareholders' meeting. The board of directors approved the repurchase plan on May 5, 2025, and the shareholders' meeting will be held on May 15, 2025. If the repurchased shares are not used within the specified period, they will be cancelled in accordance with the law.