According to the Songyuan Security announcement, the company plans to repurchase some A-shares through centralized bidding transactions to protect the company's value and shareholders' rights. The total repurchase capital is not less than 50 million yuan and no more than 100 million yuan, and the repurchase price is no more than 2,103 yuan/share. According to the upper limit of the repurchase amount, it is estimated that about 4.755 million shares will be repurchased, accounting for about 1.0033% of the total share capital; according to the lower limit, it is estimated that about 2.3776 million shares will be repurchased, accounting for about 0.5016% of the total share capital. The repurchase period is within 3 months from the date the board of directors reviews and approves the repurchase plan. Company directors, executives, controlling shareholders and concerted actors, actual controllers, and shareholders holding 5% or more of the shares have no plans to reduce their holdings for the next 6 months.

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