Jingfeng Mingyuan announced that the company plans to repurchase shares through centralized bidding transactions, with an amount not less than 60 million yuan, no more than 120 million yuan, with a price not exceeding 239.71 yuan/share. The number of repurchases is about 253,300 shares - 506,000 shares, accounting for 0.12% to 0.25% of the total share capital. The period is 3 months from the date of review and approval by the board of directors. The sources of funding are own funds and special loans for stock repurchase. Shareholder Xia Feng, who holds more than 5% of the shares, may reduce her holdings in the next 6 months. Other directors, supervisors, and controlling shareholders have no clear plans to reduce their holdings. Shares are repurchased to protect the company's value and shareholders' rights. They are sold after 12 months, and will be cancelled if not sold out within 3 years.

Jingfeng Mingyuan announced that the company plans to repurchase shares through centralized bidding transactions, with an amount not less than 60 million yuan, no more than 120 million yuan, with a price not exceeding 239.71 yuan/share. The number of repurchases is about 253,300 shares - 506,000 shares, accounting for 0.12% to 0.25% of the total share capital. The period is 3 months from the date of review and approval by the board of directors. The sources of funding are own funds and special loans for stock repurchase. Shareholder Xia Feng, who holds more than 5% of the shares, may reduce her holdings in the next 6 months. Other directors, supervisors, and controlling shareholders have no clear plans to reduce their holdings. Shares are repurchased to protect the company's value and shareholders' rights. They are sold after 12 months, and will be cancelled if not sold out within 3 years.