Nuo Weizan: Chairman and General Manager Cao Lin proposes to repurchase shares, with a total amount of funds between 5 million and 10 million yuan.

Notice from Nuoweizan: The chairman and general manager, as well as the actual controller of the company, Cao Lin, proposed to repurchase the company's shares through centralized competitive bidding, with a total repurchase fund of 5-10 million RMB, and a repurchase price not exceeding 30 RMB per share. The repurchased shares will be used for equity incentives or employee stock ownership plans. If the repurchased shares are not fully utilized within 3 years after the announcement of the implementation results and share changes, the unused repurchased shares will be cancelled. The proposer has not bought or sold any company shares in the 6 months prior to the proposal, and has committed to voting in favor of the repurchase proposal at the board of directors meeting.