Lisheng Sports announced that Xia Qing, the controlling shareholder, actual controller and chairman of the company, proposed to repurchase the company's shares for 20 million yuan to 40 million yuan on July 13, 2026. The upper limit of the repurchase price is not higher than 150% of the average trading price of the company's stock in the 30 trading days before the company's board of directors reviewed and approved the repurchase plan resolution.

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