Demag Technology: Plans to repurchase company shares for RMB 30 million to RMB 60 million.

Dema Technology announced that it plans to repurchase company shares through centralized bidding, with the total repurchase amount not less than RMB 30 million and not more than RMB 60 million, and the repurchase price not exceeding RMB 23.23 per share. The repurchased shares are intended to be used for an employee stock ownership plan or equity incentives, and the repurchase period is within 6 months from the date the board of directors approves the repurchase plan.