Shenzhen Ruijie: Intends to use no more than 17.844 million yuan to repurchase company shares.

Shenzhen Ruizhe announced that it plans to use its own funds or self-raised funds to repurchase some RMB common shares of the company through centralized bidding trading. It is estimated that the quantity of repurchased shares will be 500,000 to 600,000 shares, accounting for 0.33%-0.39% of the company's total share capital. The repurchase price will not exceed RMB 29.74 per share. The total amount of repurchase funds will not exceed RMB 17.844 million. The implementation period for the repurchase of shares is within 12 months after the approval of the board of directors.