Yongsi Electronics announced that the company plans to repurchase shares through centralized bidding transactions, with an amount not less than 100 million yuan, no more than 150 million yuan, and a price of not more than 124.10 yuan/share. It is expected to repurchase 805.802 million shares to 1,20,87.02 million shares, accounting for 0.18% to 0.27% of the total share capital. The capital comes from special loans and own funds. The repurchase of shares will be used for employee stock ownership plans or equity incentives, and will be cancelled if not used within 3 years. The repurchase period is 12 months from review and approval by the board of directors. As of the board resolution date, the relevant entities have no plans to reduce their holdings for the next 3 or 6 months.

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