Qiaqia Food announced that it intends to use its own funds to repurchase the company's shares through centralized bidding transactions. The repurchase price is not more than RMB 28.03 yuan/share, and the shares are intended to be used to later implement an equity incentive plan or employee stock ownership plan; the expected repurchase of 1.783,800 shares to 3.5676 million shares, accounting for 0.35% to 0.71% of the company's total share capital. The implementation period is 12 months from the date the board of directors reviews and approves the plan.

Qiaqia Food announced that it intends to use its own funds to repurchase the company's shares through centralized bidding transactions. The repurchase price is not more than RMB 28.03 yuan/share, and the shares are intended to be used to later implement an equity incentive plan or employee stock ownership plan; the expected repurchase of 1.783,800 shares to 3.5676 million shares, accounting for 0.35% to 0.71% of the company's total share capital. The implementation period is 12 months from the date the board of directors reviews and approves the plan.