Shuanglin Co., Ltd. announced that it intends to use its own funds or self-raised funds to repurchase the company's shares through centralized bidding transactions for employee stock ownership plans or equity incentive plans. The total capital of this repurchase is not less than RMB 50 million and no more than RMB 100 million. The repurchase price is not more than RMB 35 yuan/share. The estimated number of shares to be repurchased is 1,428,600 to 2,8571 million shares, accounting for about 0.25% to 0.49% of the company's total share capital. The repurchase period shall not exceed 12 months from the date of review and approval by the board of directors.

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