Ningxia Building Materials: Plans to repurchase shares worth 100 million to 200 million yuan for cancellation.

Ningxia Building Materials announced that the company intends to repurchase shares through centralized bidding, with a total funding amount of no less than 100 million yuan and no more than 200 million yuan. The repurchase price will not exceed 19.47 yuan per share, and the repurchase period will be within three months from the date the proposal is approved by the shareholders' meeting. The repurchased shares will be used for cancellation, with an expected repurchase quantity of 5.1361 million to 10.2722 million shares, accounting for 1.07% to 2.15% of the total share capital. This repurchase still requires approval from the shareholders' meeting, and there are risks associated with it being not approved or being unable to implement it.