Shunfeng Holdings: The total amount of funds for repurchase has been adjusted to no less than 3 billion yuan and not more than 6 billion yuan.

Sina Finance reported on March 30th that SF Holdings announced that the company's board of directors approved to adjust the total amount of funds for the repurchase of Class A shares in the first phase of 2025 from "not less than RMB 1.5 billion and not more than RMB 3 billion" to "not less than RMB 3 billion and not more than RMB 6 billion." The repurchase implementation period has been extended to 12 months from the date of approval by the board of directors to amend the repurchase plan. Meanwhile, the purpose of the repurchase of shares has been changed from "used for employee stock ownership plan or equity incentives" to "used for cancellation and reduction of registered capital."