Gudewei: The upper limit of the share repurchase price has been adjusted from 53 yuan per share to 70 yuan per share.

Gudewei announcement, to ensure the smooth implementation of the share buyback program, the upper limit of the repurchase price of shares has been adjusted from 53 yuan/share to 70 yuan/share. As of the date of this announcement, the company has repurchased a total of 1.1502 million shares through centralized bidding trading methods, with a total amount paid of 49.9314 million yuan.