Dior Wei announced that on July 30, Ju Jianhong, the controlling shareholder, actual controller and chairman of the company, proposed to buy back the shares. It is proposed to use the overraised capital to repurchase A shares through centralized bidding. The repurchase price will not exceed 41.68 yuan/share. The total repurchase capital is 30 million to 60 million yuan. The period is 12 months from the date the board of directors deliberates and approves the plan. It is estimated that 719,800 to 1,439,500 shares will be repurchased, accounting for 0.29%-0.58% of the total share capital, for employee stock ownership or equity incentives. The matter is still subject to review and approval procedures, and there is uncertainty.

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