Yuanwang Valley announced that the company plans to repurchase shares through centralized bidding transactions, with a total capital of not less than 50 million yuan and no more than 100 million yuan. The maximum repurchase price is 8.62 yuan/share. The estimated number of shares to be repurchased is 5.805 million to 11.609 million shares, accounting for 0.78% to 1.57% of the total share capital. Shares will be repurchased for equity incentives or employee stock ownership plans. If not used up within 36 months, the unused portion will be cancelled according to law. The implementation period is 12 months from the date of review and approval by the board of directors. This repurchase involves risks such as fund-raising and the share price exceeding the upper limit.

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