20CM limit up for 6 days, 3 trading sessions in a row. Chunling Information: Intends to change the purpose of repurchasing some shares and cancel them.

date
29/09/2025
Chuling Information Announcement: On September 29, 2025, the company held a board meeting to review and approve the proposal "Regarding the amendment of the purposes for repurchasing a portion of shares and cancellation". The proposed change is to amend the purpose of repurchasing 318,000 shares from "necessary for maintaining the company's value and shareholder rights, the repurchased shares will be sold according to relevant rules twelve months after the completion of this repurchase announcement" to "for cancellation and corresponding reduction of registered capital". This proposal still needs to be submitted to the shareholders' meeting for approval. This change will not have a significant adverse impact on the company's operations, finances, research and development, debt performance, or future development. It will not result in a change in control of the company, nor will it change the company's listing status.