According to Aofei Data's announcement, the company previously reviewed and approved the share repurchase plan. It plans to use no less than 50 million yuan and no more than 100 million yuan to repurchase the company's A shares. The repurchase price will not exceed 2,988 yuan/share. The repurchase period will not exceed 12 months from the date of review and approval by the board of directors. The repurchase shares will be used for equity incentives or employee stock ownership plans. Recently, the company obtained a loan commitment letter from the Guangzhou branch of China Merchants Bank. The bank agreed to provide a special loan amount of no more than 90 million yuan for this repurchase, and no more than 90% of the repurchase price. The loan period is 36 months, for the exclusive use of the company's stock repurchase. Obtaining a letter of commitment this time does not represent a commitment to the repurchase amount. The details are subject to the actual repurchase situation.

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