Zhitong Finance App News, Rieter (605365.SH) issued an announcement. On October 17, 2024, the board of directors of the company received Li Jianghuai, the controlling shareholder and one of the actual controllers of the company, Chairman and General Manager, “Letter on Proposal to Repurchase the Company's Shares”. The shares repurchased this time are used to reduce the company's registered capital or to use the aforementioned repurchased shares for employee stock ownership plans or equity incentives at an appropriate time in the future. Total capital to repurchase shares: not less than RMB 5 million (inclusive) and not more than RMB 10 million (inclusive). The repurchase period is 12 months from the date the company's shareholders' meeting reviews and approves the repurchase plan.

Zhitong Finance App News, Rieter (605365.SH) issued an announcement. On October 17, 2024, the board of directors of the company received Li Jianghuai, the controlling shareholder and one of the actual controllers of the company, Chairman and General Manager, “Letter on Proposal to Repurchase the Company's Shares”. The shares repurchased this time are used to reduce the company's registered capital or to use the aforementioned repurchased shares for employee stock ownership plans or equity incentives at an appropriate time in the future. Total capital to repurchase shares: not less than RMB 5 million (inclusive) and not more than RMB 10 million (inclusive). The repurchase period is 12 months from the date the company's shareholders' meeting reviews and approves the repurchase plan.