Dior Wei announced that the company plans to use the excess capital raised from the initial public offering of common shares to buy back A-shares through centralized bidding transactions to cancel and reduce registered capital in accordance with the law. The total repurchase capital is not less than 50 million yuan, no more than 100 million yuan, and the repurchase price is no more than 56.00 yuan/share. Based on this estimate, the number of shares to be repurchased is about 892,900 shares to 1.785,700 shares, accounting for 0.36% to 0.72% of the company's total share capital. The repurchase implementation period is 12 months from the date the shareholders' meeting reviews and approves the repurchase plan. The bill related to this repurchase will be submitted to the company's second extraordinary shareholders' meeting in 2026 for consideration.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.