Jingquanhua announced that the company plans to use its own funds to repurchase A-shares through centralized bidding for equity incentives or employee stock ownership plans. The total repurchase capital is not less than 30 million yuan and no more than 60 million yuan, and the repurchase price is no more than 30.00 yuan/share. The estimated number of shares to be repurchased is 1 million to 2 million shares, accounting for 0.37%-0.74% of the company's total share capital. The repurchase period is 12 months from the date of review and approval by the board of directors. As of the disclosure date of the announcement, the company's directors, executives, controlling shareholders, co-actors, actual controllers, and shareholders holding 5% or more of the shares have no clear plans to reduce their holdings for the next three or six months. In this repurchase, there is a risk that the plan will not be possible or partially implemented due to stock prices exceeding the upper limit, insufficient capital raising, etc.

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