Gaosec Co., Ltd. announced that the company plans to repurchase shares through centralized bidding transactions. The repurchase amount is not less than 150 million yuan or 300 million yuan, and the repurchase price is no more than 10.65 yuan/share. According to the upper limit, the estimated number of repurchases is 14.0845 million shares to 28.169 million shares, accounting for 1.70%-3.39% of the total share capital. The sources of repurchase funds are own funds and special stock repurchase loans. Of the shares repurchased, 90 million yuan to 180 million yuan is used for employee stock ownership plans or equity incentives. The implementation period is 12 months from the date of review and approval by the board of directors; 60 million yuan to 120 million yuan is used to protect the company's value and shareholders' rights. The implementation period is 3 months from the date of review and approval by the board of directors. The company's directors, executives, controlling shareholders, actual controllers, and shareholders holding 5% or more of the shares have no clear plans to reduce their holdings for the next 3 or 6 months.

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