Sinopec High-Tech: Plans to repurchase shares worth 300 million to 600 million yuan for capital reduction.

Zhongju High-tech announced that the company plans to repurchase shares through centralized bidding, with a total amount of funds not less than 300 million yuan and not more than 600 million yuan. The repurchase price will not exceed 26 yuan per share, and it is expected to repurchase 11.5385 million shares to 23.0769 million shares, accounting for 1.48%-2.96% of the total share capital. The repurchased shares will be used for cancellation and reduction of registered capital. The funds will come from its own funds and a maximum of 540 million yuan special loan from China Merchants Bank Foshan Branch. As of the disclosure date of the plan, directors, supervisors, and shareholders holding more than 5% of the shares have no plan to reduce their holdings. This repurchase carries risks such as the share price exceeding the upper limit and significant events.