Liangxin Co., Ltd. announced that the board of directors of the company received a letter of proposal to repurchase shares issued by Chairman Ren Silong on October 19, 2026. It is proposed that the company use its own funds to repurchase some A-shares through centralized bidding transactions. The purpose of the repurchase is to protect the company's value and shareholders' rights. The repurchase amount is not less than 80 million yuan, not more than 160 million yuan; the upper limit of the repurchase price is not higher than 150% of the average stock transaction price in the 30 trading days before the board of directors deliberates and approves the repurchase plan. The specific repurchase plan is subject to review and approval by the board of directors.

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