Taotao Auto Industry announced that the company plans to repurchase A-shares through centralized bidding transactions. The total repurchase capital is 50 million yuan to 100 million yuan, and the repurchase price will not exceed 307.23 yuan/share. According to the upper limit of the repurchase amount, it is estimated that about 325,500 shares will be repurchased, accounting for 0.30% of the total share capital; according to the lower limit, it is estimated that about 162,700 shares will be repurchased, accounting for 0.15% of the total share capital. The repurchase of shares will be used for equity incentives or employee stock ownership plans. The repurchase period is within 12 months from the date of review and approval by the board of directors, and the funding source is own or self-funded. As of October 31, 2026, the company has not implemented a share repurchase.

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