Qiangyi Co., Ltd. announced that on October 27, 2026, Zhou Ming, the controlling shareholder, actual controller and chairman of the company, proposed that the company use its own funds or self-raised funds to repurchase shares to be used for employee stock ownership plans or equity incentives. The total repurchase capital is not less than RMB 50 million or not higher than RMB 100 million. The repurchase price is not higher than 150% of the average trading price of the company's stock in the 30 trading days before the board of directors deliberates and approves the repurchase plan. The repurchase period is 12 months from the date the board of directors reviews and approves the plan.

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