Jingfeng Mingyuan announced that the implementation period of the company's repurchase plan expires on November 3, 2026. It has completed the repurchase of 1,216,600 shares, accounting for 0.60% of the total share capital. The actual repurchase amount is 120 million yuan. The repurchase price range is 85.61 yuan/share to 120 yuan/share. The repurchased shares will be used to protect the company's value and shareholders' rights, and sold through centralized bidding 12 months after disclosure; if the sale is not completed within 3 years after disclosure, the unsold portion will be cancelled.

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