Blue Bird Intelligent Control announced that it plans to use its own funds and self-raised funds to repurchase the company's shares through centralized bidding. The repurchase price shall not exceed 12 yuan/share; the number of shares to be repurchased shall not be less than 2.5% or less than 5% of the total share capital. Shares repurchased are intended to be used for employee stock ownership plans or equity incentives. Unused shares will be cancelled if they are not used up within 3 years after the share repurchase implementation results and share change announcements. The repurchase period is 12 months from the date the board reviews and approves the plan. The company has obtained a loan commitment letter from Bank of China Co., Ltd. Zhangjiakou Branch, promising to provide a special share repurchase loan of no more than RMB 1.2 billion.

Blue Bird Intelligent Control announced that it plans to use its own funds and self-raised funds to repurchase the company's shares through centralized bidding. The repurchase price shall not exceed 12 yuan/share; the number of shares to be repurchased shall not be less than 2.5% or less than 5% of the total share capital. Shares repurchased are intended to be used for employee stock ownership plans or equity incentives. Unused shares will be cancelled if they are not used up within 3 years after the share repurchase implementation results and share change announcements. The repurchase period is 12 months from the date the board reviews and approves the plan. The company has obtained a loan commitment letter from Bank of China Co., Ltd. Zhangjiakou Branch, promising to provide a special share repurchase loan of no more than RMB 1.2 billion.