Crown Stone Technology: Intends to repurchase and cancel 192,720 restricted stocks.

Guanshi Technology announced that due to not achieving the performance assessment target for 2024 and one incentive target resigning, the company plans to repurchase and cancel some restricted stocks. On October 24, 2025, the board of directors and the supervisory board approved the relevant proposal, agreeing to repurchase 175,920 shares from 26 incentive targets and 16,800 shares from the resigning employee at a price of 22.60 yuan per share, totaling 192,720 shares. The company has opened a special repurchase account and applied for the transfer of repurchased shares. It is expected to complete the repurchase and cancellation on January 15, 2026, followed by the procedures for reducing capital and cancelling shares.