Ancient Cashmere Material: Intending to use no more than 30 million yuan to repurchase company shares.

Announcement of Guqirong Materials: it is planned to use own funds and self-raised funds to repurchase some company shares through centralized bidding, with a total repurchase amount not less than RMB 15 million and not more than RMB 30 million, and the repurchase price not exceeding RMB 32 per share.