Shengxin Lithium Energy: Plans to buy back shares worth 400 million to 500 million yuan.

Announcement of Shengxin Lithium Energy: The company plans to use its own funds and special repurchase loans to repurchase a portion of the company's issued RMB ordinary shares through centralized competitive bidding to maintain the company's value and shareholder equity. The total amount of funds intended for repurchase this time is not less than RMB 400 million and not more than RMB 500 million, with the repurchase price not exceeding RMB 17.75 per share. The implementation period for repurchasing shares is within three months from the date of approval by the company's board of directors. As of the date of this announcement, the company has obtained a loan commitment letter from the Industrial and Commercial Bank of China Chengdu Branch, committing to provide special loans for the company's share repurchase, with a loan amount not exceeding RMB 4 billion, a loan purpose of paying the stock repurchase transaction price, and a loan term of 3 years.