Tai Chi Industrial: intends to repurchase company shares worth 100 million to 120 million yuan.

Taiji Industrial announced on May 16th that it plans to repurchase company shares through centralized bidding trading, with a total repurchase amount not less than 100 million yuan and not more than 120 million yuan. The repurchase price will not exceed 10.38 yuan per share. The repurchased shares will be used for cancellation and reduction of the company's registered capital. The repurchase period is within 12 months from the date of approval of the repurchase plan by the company's shareholders meeting.