Zhongheng Group announced that the company plans to repurchase shares through centralized bidding transactions, with a repurchase capital of 100 million yuan to 200 million yuan, and the repurchase price will not exceed 304 yuan/share. It is expected to repurchase 32.8947 million shares - 657.8895 million shares, accounting for 1.03%-2.07% of the total share capital. All of the repurchased shares will be used to cancel and reduce the company's registered capital. The implementation period for this repurchase is 6 months after review and approval by the shareholders' meeting. The plan still needs to be reviewed by the shareholders' meeting, and there are various risks of uncertainty.

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