Shenglan Co., Ltd. announced that the company held a board meeting on July 31, 2026 to review and approve the share repurchase plan. The total capital is 100 million yuan to 200 million yuan, which will be used for equity incentives, employee stock ownership plans, and convertible debt-to-share swaps. The repurchase price does not exceed 195.18 yuan/share. It is estimated that 512,348 shares - 1,024,695 shares can be repurchased, accounting for about 0.31% to 0.63% of the total share capital. The implementation period is 12 months from the date of review and approval by the board of directors. As of the disclosure date, directors, supervisors, majority shareholders, etc. have no plans to reduce their holdings. This repurchase involves risks such as price, important matters, implementation of use, new regulatory regulations, and fund-raising.

Shenglan Co., Ltd. announced that the company held a board meeting on July 31, 2026 to review and approve the share repurchase plan. The total capital is 100 million yuan to 200 million yuan, which will be used for equity incentives, employee stock ownership plans, and convertible debt-to-share swaps. The repurchase price does not exceed 195.18 yuan/share. It is estimated that 512,348 shares - 1,024,695 shares can be repurchased, accounting for about 0.31% to 0.63% of the total share capital. The implementation period is 12 months from the date of review and approval by the board of directors. As of the disclosure date, directors, supervisors, majority shareholders, etc. have no plans to reduce their holdings. This repurchase involves risks such as price, important matters, implementation of use, new regulatory regulations, and fund-raising.