Ji Hong Company completed the cancellation of some restricted stock repurchase in 2023.

Xiamen Jihong Technology Co., Ltd. announced that it has completed the procedures for the cancellation of part of the restricted stock repurchase in the 2023 restricted stock incentive plan. This repurchase cancelled 2,274,000 shares, accounting for 0.5910% of the total A shares of the company before repurchase. It involved 190 incentive recipients, with a repurchase price of 8.8120 yuan per share and a total amount of 20,038,488 yuan, all from the company's own funds. The reasons for the repurchase are that the performance targets for 2024 were not met and 7 incentive recipients left the company. After the completion, the total number of A shares of the company decreased from 384,769,288 shares to 382,495,288 shares, and the total number of A+H shares decreased from 452,679,288 shares to 450,405,288 shares.