According to Huace Film and Television's announcement, the company plans to repurchase and cancel a total of 547.2 million shares of Class I restricted shares that have been granted but have not yet been lifted due to the departure of one of the incentive recipients, accounting for about 0.0029% of the company's current total share capital. The repurchase price is 3.715 yuan/share, and it plans to use about 203,300 yuan of its own capital. This repurchase and cancellation will not have a significant impact on the company's financial situation and operating performance, and will not affect the continued implementation of the 2024 Restricted Stock Incentive Plan.

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