Peak Group plans to repurchase shares worth 20 to 40 million yuan for incentive purposes.

On April 18, 2025, the board of directors of Peak Group approved a share repurchase plan, intending to repurchase shares through centralized competitive trading with funds ranging from 20 to 40 million yuan. The repurchase price will not exceed 12.42 yuan per share, and the funds will be used for employee stock ownership plans or equity incentives. The implementation period is 12 months from the date of the resolution, with an expected repurchase of 1.61 to 3.22 million shares, representing 0.39% to 0.78% of the total share capital. This repurchase will not have a significant impact on the company's operations or finances, nor will it affect its listing status or control. However, there are risks in the plan, such as the stock price exceeding the range or insufficient funds, which may require adjustments. The company has opened a special account for the repurchase and secured a commitment of 36 million yuan in loans from China Merchants Bank.