Zhitong Finance App News, Guolian People's Livelihood (01456) issued an announcement that in order to maintain the company's value and shareholders' rights and promote the company's health, stability and sustainable development, based on confidence in the development prospects of China's capital market and recognition of the company's stock value, combined with the company's development strategy, business situation and financial situation, the company plans to use its own funds to repurchase the company's A shares. The minimum amount of capital to be repurchased is RMB 100 million (inclusive), and the upper limit is RMB 200 million (inclusive).

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