Zhongchuang Zhiling announced that the company obtained a special loan commitment letter for stock repurchase issued by the Zhengzhou branch of China CITIC Bank, which promised a loan amount of no more than 360 million yuan and a loan period of no more than 36 months, specifically for the company to buy back A-shares through centralized bidding transactions. The details are subject to the loan contract formally signed by the two parties. The company previously reviewed and approved a plan to repurchase A-shares. The total repurchase capital was not less than 300 million yuan and not more than 400 million yuan. Part of the share repurchase was used to cancel the capital reduction, and part was used to implement the equity incentive/employee stock ownership plan.

Zhongchuang Zhiling announced that the company obtained a special loan commitment letter for stock repurchase issued by the Zhengzhou branch of China CITIC Bank, which promised a loan amount of no more than 360 million yuan and a loan period of no more than 36 months, specifically for the company to buy back A-shares through centralized bidding transactions. The details are subject to the loan contract formally signed by the two parties. The company previously reviewed and approved a plan to repurchase A-shares. The total repurchase capital was not less than 300 million yuan and not more than 400 million yuan. Part of the share repurchase was used to cancel the capital reduction, and part was used to implement the equity incentive/employee stock ownership plan.