Huang Shanghuang announced that it plans to use its own funds to repurchase the company's issued RMB common shares through centralized bidding transactions through the Shenzhen Stock Exchange stock trading system. The repurchases will be used for employee stock ownership plans or equity incentives. The total repurchase capital is RMB 50 million to RMB 100 million, and the repurchase price is not more than RMB 11/share. According to the estimate of the maximum repurchase price of 11 yuan/share, the number of shares repurchased is estimated to be 4,545,500 shares to 9.0909 million shares, accounting for 0.81% to 1.62% of the company's current total share capital.

Huang Shanghuang announced that it plans to use its own funds to repurchase the company's issued RMB common shares through centralized bidding transactions through the Shenzhen Stock Exchange stock trading system. The repurchases will be used for employee stock ownership plans or equity incentives. The total repurchase capital is RMB 50 million to RMB 100 million, and the repurchase price is not more than RMB 11/share. According to the estimate of the maximum repurchase price of 11 yuan/share, the number of shares repurchased is estimated to be 4,545,500 shares to 9.0909 million shares, accounting for 0.81% to 1.62% of the company's current total share capital.