Sanhuan Group announced that it plans to repurchase the company's shares for 500 million yuan to 1 billion yuan, at a repurchase price of no more than 100 yuan/share. The purpose of repurchasing shares is to protect the company's value and shareholders' rights. If the repurchased shares are not sold within 36 months after the implementation of the share repurchase is completed, the repurchased shares that have not yet been sold will be cancelled. Based on the maximum repurchase capital of 1 billion yuan and the maximum repurchase price of 100 yuan/share, the estimated number of repurchases is about 10 million shares, accounting for 0.50% of the company's total share capital; based on the lower limit of 500 million yuan, the estimated number of repurchases is about 5 million shares, accounting for 0.25% of the company's total share capital. The repurchase period shall not exceed 3 months from the date the board of directors reviewed and approved the repurchase plan.

Sanhuan Group announced that it plans to repurchase the company's shares for 500 million yuan to 1 billion yuan, at a repurchase price of no more than 100 yuan/share. The purpose of repurchasing shares is to protect the company's value and shareholders' rights. If the repurchased shares are not sold within 36 months after the implementation of the share repurchase is completed, the repurchased shares that have not yet been sold will be cancelled. Based on the maximum repurchase capital of 1 billion yuan and the maximum repurchase price of 100 yuan/share, the estimated number of repurchases is about 10 million shares, accounting for 0.50% of the company's total share capital; based on the lower limit of 500 million yuan, the estimated number of repurchases is about 5 million shares, accounting for 0.25% of the company's total share capital. The repurchase period shall not exceed 3 months from the date the board of directors reviewed and approved the repurchase plan.