Alice announced that it plans to use its own funds to repurchase the company's shares through centralized bidding transactions. The total capital shall not be less than RMB 100 million and no more than RMB 200 million, and the repurchase price shall not exceed RMB 150 yuan/share. All repurchased shares will be used for employee stock ownership plans or equity incentives at an appropriate time in the future; if not used up within 3 years after the share repurchase implementation results and share change announcements, the unused shares will be cancelled.

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