Dingsheng New Materials: Plans to buy back shares worth 70-140 million yuan for equity incentives.

Dingsheng New Materials announced that the company plans to repurchase shares through centralized bidding, with a repurchase fund of no less than 70 million yuan and no more than 140 million yuan, and a repurchase price not exceeding 28 yuan per share. The repurchased shares are intended to be used for equity incentives and/or employee shareholding plans, and if not transferred within 3 years, they will be canceled. The repurchase period is within 12 months from the date of the board of directors' approval of the plan. As of the disclosure date, Beijing Purun Square, a shareholder holding more than 5% of the shares, and its concerted actions have disclosed a plan to reduce their holdings in the next 3 months, the controlling shareholder has no plan to reduce holdings, and other relevant parties have not provided a clear response. This repurchase will not have a significant impact on the company's various capabilities, but it carries various uncertainties and risks.