Huakai Ebai announced that the board of directors of the company reviewed and approved the share repurchase plan and plans to repurchase 30 million to 50 million yuan of company shares at a price not exceeding 24.61 yuan/share, accounting for about 0.31%-0.52% of the total share capital to protect the company's value and shareholders' rights. The repurchase method is a centralized bidding transaction. The funding source is own and/or self-funded. The implementation period is 3 months from the date of review and approval by the board of directors.

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