Nengte Technology: intends to repurchase shares worth 300 million to 500 million yuan.

Nengte Technology Announcement: The company plans to use its own funds and self-raised funds to repurchase some of the A-shares issued by the company through the Shenzhen Stock Exchange trading system in a centralized bidding trading manner. The repurchased shares will be used to cancel and correspondingly reduce the registered capital. The total amount of the repurchase fund is planned to be no less than 300 million yuan and no more than 500 million yuan, with a repurchase price not exceeding 4.7 yuan per share. The implementation period of this repurchase of shares is within 12 months from the date of approval of the repurchase proposal at the shareholders' meeting.