Lanzhou Yellow River: The repurchase proportion of shares has reached 2%, and the repurchase plan will continue to be implemented in the future.

Lanzhou Yellow River Enterprise Co., Ltd. announces the progress of repurchasing shares. The company plans to repurchase shares with its own or self-raised funds of 20-30 million yuan in March 2025, at a price not exceeding 9.70 yuan per share, for equity incentives or employee stock ownership plans. The implementation period starts from the approval of the shareholders' meeting. As of a certain time in 2025, the company has repurchased 3,715,300 shares, accounting for 2.00% of the total share capital, with a highest transaction price of 8.30 yuan per share, a lowest of 7.10 yuan per share, and a total transaction amount of 29,604,110 yuan. The company's repurchase complies with regulations and the established plan, and will continue to be implemented within the time limit according to market conditions, with information timely disclosed in accordance with regulations to remind investors to be aware of risks.