Dongpeng Beverage: plans to buy back 1-2 billion yuan of shares for capital reduction and incentives.

Dongpeng Beverage announced that the company plans to repurchase A-shares through centralized bidding trading, with an amount not less than 1 billion RMB and not exceeding 2 billion RMB. Among them, 900 million to 1.8 billion RMB will be used to reduce registered capital, and 100 million to 200 million RMB will be used for employee shareholding plans and/or stock incentives. The repurchase price will not exceed 248 RMB per share, with a period of 12 months from the date of approval by the shareholders' meeting. The proposal still needs to be reviewed by the shareholders' meeting, and there are risks such as non-approval.