Huayong Group: Intends to repurchase shares worth 40 million to 125 million yuan.

Huarong Corporation announced that the company plans to use its own funds to repurchase some of its A shares through centralized competitive bidding transactions, with the repurchase amount not less than 40 million yuan and not exceeding 125 million yuan, and the repurchase price not exceeding 25 yuan per share. The repurchased shares will be used for the company's future employee shareholding plan or equity incentives. The repurchase period is within 12 months from the date of approval by the board of directors.