Changying Precision intends to use 50 million to 100 million yuan to repurchase company shares.

Changying Precision announcement, intends to use its own funds or self-raised funds to repurchase some of the company's issued Renminbi ordinary shares through centralized bidding trading, for the implementation of employee stock ownership plans or equity incentive plans. The amount of this repurchase is not less than 50 million yuan and not more than 100 million yuan. Based on the calculated repurchase fund total limit of 100 million yuan and repurchase share price limit of 35 yuan/share, it is estimated that the number of repurchased shares will be approximately 2.85 million shares, accounting for approximately 0.2100% of the company's total share capital. Based on the calculated repurchase total amount lower limit of 50 million yuan and repurchase share price limit of 35 yuan/share, it is estimated that the number of repurchased shares will be approximately 1.42 million shares, accounting for approximately 0.1050% of the company's total share capital.