According to Genesis's announcement, on November 5, 2026, the company reviewed and approved the share repurchase plan. It plans to use 100 million yuan to 200 million yuan to repurchase shares with own and self-funded funds for share incentives or employee stock ownership plans. The repurchase price will not exceed 17.01 yuan/share, and the implementation period is 12 months from the date of review and approval by the board of directors. Recently, the company obtained a loan commitment letter from the Shenzhen branch of China CITIC Bank. The bank agreed to provide a special loan of no more than 180 million yuan for this stock repurchase. The loan period shall not exceed 3 years. The specific agreement is subject to the official loan contract.

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