Zhixin Precision announced that Chairman Li Xiaohua proposed that the company use centralized bidding to buy back A shares, with a total capital of not less than 10 million yuan and no more than RMB 15 million. The repurchase price should not be higher than 150% of the average stock transaction price in the 30 trading days before the board of directors reviewed and approved the share repurchase resolution. The repurchase of shares is intended to be used for employee stock ownership plans or equity incentives. The funding source is own funds or self-raised funds; the board of directors will study and formulate the repurchase plan. The specific plan and implementation arrangements are subject to review and approval by the board of directors.

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