Sheng Jingwei: Plans to repurchase shares with an amount ranging from 30 million to 50 million yuan.

Announcement: The company plans to repurchase shares with a total amount of 30 to 50 million RMB, and the repurchase price shall not exceed 51.58 RMB per share. The funds for this repurchase will come from the company's own funds and self-raised funds, and the repurchased shares will be used for implementing equity incentives or employee stock ownership plans. If the funds are not fully utilized within the specified period, the unused portion will be cancelled according to law. The repurchase period will not exceed 12 months from the date of approval by the board of directors.