Riyadh announced that the company held a board of directors meeting on July 6, 2026 to review and approve the repurchase plan. It plans to use 100 million yuan to 200 million yuan to repurchase shares at a repurchase price of no more than 9.82 yuan/share to motivate employees to hold shares or maintain the company's value. On July 13, 2026, for the first time, the company used centralized bidding to repurchase 1.08,000 shares, accounting for 0.04% of the total share capital. The highest repurchase price was 5.04 yuan/share, the lowest price was 5 yuan/share, and the total capital used was 5.5049 million yuan. This repurchase complies with the repurchase plan and related regulations.

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