Nanya New Materials: Chairman and one of the actual controllers, Bao Xiuyin proposed that the company use centralized bidding transactions to repurchase shares. The total repurchase capital is not less than 100 million yuan, no more than 200 million yuan, and the upper price limit is not higher than 150% of the average stock transaction price in the 30 trading days before the board of directors passed the repurchase resolution. The repurchase of shares is used to protect the company's value and shareholders' rights and interests. It is implemented within 3 months from the date the shareholders' meeting reviews and approves the repurchase plan.

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