Dongyangguang: Plans to repurchase 300 million to 600 million yuan of shares for employee stock ownership or incentives.

Dongyangguang announced that the company's board of directors approved a share repurchase plan on August 4. The repurchase will be conducted through centralized bidding, with an amount not less than 300 million yuan and not exceeding 600 million yuan, at a price no higher than 51.33 yuan per share, with a duration of 6 months. The shares repurchased are intended for an employee stock ownership plan or equity incentive; if not implemented, they will be canceled. Based on the upper limit, it is estimated that 11.689 million shares will be repurchased, accounting for 0.39% of the total share capital. In addition, the controlling shareholder previously proposed an increase in holdings plan between 300 million and 600 million yuan. The repurchase faces risks related to pricing, financing, and implementation.