Geling Deep Pupil: Plans to buy back shares worth 500 million to 1 billion yuan.

Gerling Deep Pupil Announcement: The company plans to repurchase shares through centralized competitive trading, with a total repurchase amount not less than RMB 50 million, not more than RMB 100 million, funded by its own funds. The repurchase price will not exceed RMB 25 per share, and the number of repurchased shares will be between 2 million to 4 million, accounting for 0.77% to 1.54% of the total share capital. The repurchased shares are planned to be sold 12 months after the announcement of the implementation results and changes in shareholding, to be completed within 3 years, with any unsold portion to be cancelled. The repurchase period is within 3 months from the date of approval of the proposal by the board of directors. In addition, relevant personnel have no plans to reduce their holdings in the next 3 months or 6 months. There is a certain level of uncertainty and risk in this repurchase.