Ciwen Media: First Time Buyback of 31,700 Company Shares.

Notice of Ciwen Media: On July 15, 2025, the company repurchased 31,700 shares of the company for the first time through the Shenzhen Stock Exchange trading system in a centralized competitive bidding manner, accounting for 0.0067% of the company's current total share capital. The highest transaction price was 7.5 yuan per share, the lowest transaction price was 7.5 yuan per share, and the total transaction amount was 237,700 yuan. The source of funds for this share repurchase comes from the company's own funds and special loans for stock repurchases, and the repurchase price did not exceed the price ceiling of 9.03 yuan per share determined in the repurchase plan.