According to Tengjing Technology's announcement, the company plans to repurchase shares through centralized bidding transactions. The total repurchase capital is not less than 10 million yuan, no more than 20 million yuan, and the repurchase price is no more than 262 yuan/share. According to the upper limit, the number of shares to be repurchased is 381.67 million shares to 763.35 million shares, accounting for 0.02% to 0.04% of the total share capital. The repurchase of shares will be used for equity incentives and/or employee stock ownership plans. If the transfer is not completed within 3 years, the untransferred shares will be cancelled. The repurchase period shall not exceed 12 months from the date of review and approval by the board of directors. The company's directors, executives, controlling shareholders, actual controllers, and shareholders holding 5% or more of the shares have no plans to reduce their holdings during the repurchase period.

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