Yandongwei has completed the stock repurchase, which will be used for employee stock ownership or incentives.

Beijing Yandong Microelectronics Co., Ltd. issued a public announcement on the implementation results of the share repurchase and changes in shareholding. On September 19, 2024, the board of directors approved a repurchase plan to repurchase 2,629,186 shares of the company's stock, accounting for 0.18% of the total share capital, using a total of 49,966,801.73 yuan, with an average price of 19.00 yuan per share. The repurchase amount ranged from 40 million to 80 million yuan, with a maximum price of 20.07 yuan per share, and the deadline for the repurchase is September 19, 2025. This repurchase will have no significant impact on the company's operations, finances, or future development, and will not affect its controlling rights or listing status. The repurchased shares will be used for employee share ownership plans or equity incentives, and any unused portion after three years will be cancelled.