Zhou Ming Technology announced that the company plans to repurchase A-shares of unrestricted shares for equity incentives or employee stock ownership plans. The repurchase capital is not less than 50 million yuan and no more than 100 million yuan. The repurchase price is not more than 785 yuan/share, and the capital comes from its own ownership or self-financing. It is estimated that 6.3694 million shares can be repurchased to 127.389 million shares, accounting for 0.59%-1.17% of the total share capital. The repurchase period shall not exceed 12 months from review and approval by the board of directors. As of the announcement date, the relevant entities have no plans to reduce their holdings. This repurchase may not be implemented or the shares may need to be partially cancelled due to factors such as stock prices and failure to pass the incentive plan.

Zhou Ming Technology announced that the company plans to repurchase A-shares of unrestricted shares for equity incentives or employee stock ownership plans. The repurchase capital is not less than 50 million yuan and no more than 100 million yuan. The repurchase price is not more than 785 yuan/share, and the capital comes from its own ownership or self-financing. It is estimated that 6.3694 million shares can be repurchased to 127.389 million shares, accounting for 0.59%-1.17% of the total share capital. The repurchase period shall not exceed 12 months from review and approval by the board of directors. As of the announcement date, the relevant entities have no plans to reduce their holdings. This repurchase may not be implemented or the shares may need to be partially cancelled due to factors such as stock prices and failure to pass the incentive plan.