Changfei Optical Fiber: Obtained a commitment letter for a special loan for stock repurchase of no more than 2.88 billion yuan.

Changfei Optical Fiber announced that the company plans to use its own funds to repurchase the Renminbi ordinary shares A shares issued by the company through the Shanghai Stock Exchange trading system in a centralized competitive bidding manner. The repurchase price shall not exceed RMB 57.53 per share, and the total amount of funds for repurchase shall not be less than RMB 160 million and shall not exceed RMB 320 million. Recently, the company has obtained a commitment letter for a repurchase and increase loan from the Hubei Branch of Bank of Communications Limited, which promises a loan amount not exceeding RMB 288 million, a loan term of three years, and the loan purpose is only for repurchasing company shares.