Changhong Huayi: Intends to repurchase shares worth 150 million to 300 million yuan.

Changhong HuaYi announced that the company plans to use its own funds and a special repurchase loan to repurchase a portion of the company's RMB ordinary shares A shares through centralized bidding trading, with a repurchase amount of not less than 150 million yuan and not more than 300 million yuan, and a repurchase price not exceeding 9.8 yuan per share. The repurchased shares will be used for implementing equity incentives. The company has obtained a Loan Commitment Letter from the Industrial and Commercial Bank of Jiangxi Branch, agreeing to provide the company with a stock repurchase loan amount not exceeding 270 million yuan, and not more than 90% of the total funds for the stock repurchase this time.