China Micro Company: Chairman Yin Zhiyao proposed that the company use centralized bidding to repurchase shares, with a total repurchase capital of not less than 400 million yuan and no more than 500 million yuan. The repurchase price is not higher than 150% of the average stock trading price in the 30 trading days before the board of directors deliberates and approves the repurchase plan. The repurchase shares are intended to be used for employee equity incentives/employee stock ownership plans or to reduce the company's registered capital. The period is 12 months from the date the board of directors reviews and approves the repurchase plan.

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