证券代码：300792 证券简称：壹网壹创 公告编号：2023-020 杭州壹网壹创科技股份有限公司 关于举行 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 杭州壹网壹创科技股份有限公司（以下简称"公司"）《2022 年年度报告》 及其摘要已于 2023 年 4 月 27 日在中国证监会指定的创业板信息披露网站巨潮资 讯网(www.cninfo.com.cn)上披露。为了便于广大投资者进一步了解公司经营情 况，公司定于 2023 年 5 月 16 日（星期二）15:00 至 17:00 在全景网举办 2022 年度业绩说明会，本次年度业绩说明会将采用网络远程的方式举行，投资者可登 录"全景▪路演天下"（http://rs.p5w.net）参与本次年度业绩说明会。 出席本次 2022 年度业绩说明会的人员有：董事长、总经理林振宇先生，董 事会秘书、副总经理高凡先生，财务负责人周维先生，独立董事胡正广先生，保 荐代表人胡伊苹女士。 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提 前向投资者公开征集问题 ...

证券代码：300792 证券简称：壹网壹创 杭州壹网壹创科技股份有限公司 投资者关系活动记录表 编号：2020-003 | --- | --- | --- | |--------------|-------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | £ | 特定对象调研 ■分析师会议 | | 投资者关系活 | £ | 媒体采访 □业绩说明会 | | 动类别 | □ | 新闻发布会 □路演活动 | | | ■ 现场参观 □ | □ 一对一沟通 其他 （请文字说明其他活动内容） | | 参与单位名称 | | 宝盈基金、农银汇理、交银施罗德基金、太平养老 、中银基金 、华泰 | | 及人员姓名 | | 保兴 、睿远基金、平安养老、上投摩根、 ...

证券代码：300792 证券简称：壹网壹创 杭州壹网壹创科技股份有限公司 投资者关系活动记录表 编号：2019-001 | --- | --- | --- | |----------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：300792 证券简称：壹网壹创 杭州壹网壹创科技股份有限公司 投资者关系活动记录表 编号：2020-004 | --- | --- | --- | |---------------------------|-------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

杭州壹网壹创科技股份有限公司 投资者关系活动记录表 编号：2022-001 | --- | --- | --- | |-------------------------|-----------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活 动类别 | □特定对象调研 □媒体采访 □新闻发布会 □路演活动 □现场参观 | ...

Financial Performance - The company's revenue for Q3 2022 reached ¥382,976,838.51, representing a 57.69% increase year-over-year, and a total revenue of ¥1,015,342,708.74 for the year-to-date, up 39.23% compared to the same period last year [6] - Net profit attributable to shareholders decreased by 45.58% in Q3 2022 to ¥41,936,524.31, with a year-to-date net profit of ¥146,909,522.80, down 27.83% [6] - The basic and diluted earnings per share for Q3 2022 were both ¥0.18, reflecting a decline of 45.45% compared to the same quarter last year [6] - The company achieved a cumulative GMV of 15.653 billion RMB and revenue of 1.015 billion RMB in Q3 2022, with a net profit of 136 million RMB, indicating a slight growth in GMV but a decline in net profit compared to the same period last year [10] - The company reported a total revenue of 24,304 million for Q3 2022, maintaining a steady performance compared to previous quarters [21] - Net profit for Q3 2022 was CNY 160,396,437.62, a decrease of 27.8% from CNY 222,072,180.08 in Q3 2021 [30] - Earnings per share (EPS) for Q3 2022 was CNY 0.62, down from CNY 0.92 in the previous year [31] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥3,279,808,302.80, a decrease of 4.15% from the end of the previous year [6] - The company's total liabilities decreased by 40.40% to ¥166,427,682.59, reflecting payments made towards subsidiary acquisition progress [9] - Total liabilities decreased to CNY 488,079,404.82 from CNY 689,895,350.55 in the previous quarter, indicating a reduction in financial obligations [28] - The company reported a total equity of CNY 2,791,728,897.98, up from CNY 2,731,878,459.72 in the previous quarter, indicating growth in shareholder value [28] Cash Flow - Cash flow from operating activities showed a net outflow of ¥79,120,828.11, a decline of 64.41% compared to the same period last year [9] - Operating cash inflow for the current period reached ¥1,780,710,144.55, an increase of 38.7% compared to ¥1,283,807,815.47 in the previous period [32] - Net cash flow from operating activities was -¥79,120,828.11, worsening from -¥48,125,477.64 in the previous period [32] - Cash outflow from investing activities totaled ¥245,355,111.11, a decrease of 44.7% from ¥442,795,251.26 in the previous period [33] - The ending balance of cash and cash equivalents was ¥1,061,978,371.61, down from ¥1,446,498,136.34 in the previous period [33] Inventory and Expenses - Inventory increased by 82.89% to ¥330,867,267.20, attributed to an increase in distribution projects and procurement for the Double Eleven shopping festival [9] - Research and development expenses for Q3 2022 were ¥28,628,816.43, a 39.16% increase compared to the same quarter last year, indicating a focus on innovation [9] - Operating costs for the same period were CNY 848,768,476.24, up 70.2% from CNY 498,898,386.85 year-over-year [29] Market and Growth Strategies - The company is actively investing in new product development, particularly in technology enhancements aimed at improving user experience and engagement [22] - Market expansion strategies include targeting new geographic regions, with plans to enter at least two new markets by the end of 2023 [21] - The company is exploring potential mergers and acquisitions to enhance its market position and diversify its product portfolio [22] - Future outlook remains positive, with the company projecting a revenue growth of approximately 15% for the next quarter, driven by increased demand for its services [21] Shareholder and Executive Management - The total number of restricted shares held by executives decreased, with Lin Zhenyu holding 18,334,786 shares after a release of 4,938,356 shares [17] - The company has a structured release schedule for restricted shares, with specific timelines for each phase ranging from 12 to 60 months [20] - The report indicates a focus on maintaining executive shareholding stability while managing incentive structures [19] - The company is committed to transparency in its shareholding structure, providing detailed information on restricted shares [20] Sustainability and Future Initiatives - The company is committed to sustainability, with plans to reduce carbon emissions by 25% over the next three years through various green initiatives [22] - A new technology initiative is set to launch in Q4 2022, expected to significantly boost operational efficiency and reduce costs by 10% [21]

Financial Performance - The company reported a revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 25%[2]. - The company has set a revenue guidance of RMB 1.2 billion for the full year 2022, indicating a projected growth of 20%[2]. - The company's operating revenue for the reporting period was ¥632,365,870.23, representing a 30.00% increase compared to ¥486,418,800.78 in the same period last year[26]. - The net profit attributable to shareholders decreased by 17.02% to ¥104,972,998.49 from ¥126,502,821.20 year-on-year[26]. - The net profit after deducting non-recurring gains and losses was ¥96,169,951.90, down 16.21% from ¥114,774,879.02 in the previous year[26]. - The company's revenue for the reporting period reached ¥632,365,870.23, representing a 30.00% increase compared to ¥486,418,800.78 in the same period last year[73]. - Net profit for the first half of 2022 was ¥112,297,874.01, a decrease of 19% from ¥138,535,995.62 in the previous year[198]. User Growth and Market Expansion - User data showed a growth in active users to 1.2 million, up 15% compared to the previous period[2]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[2]. - The company reported a 230% year-on-year GMV growth on Pinduoduo and a 90% growth on Douyin, indicating strong performance in these channels despite a challenging market environment[50]. Product Development and R&D - New product launches contributed to a 30% increase in sales volume in Q2 2022[2]. - Research and development expenses increased by 40% to RMB 50 million, focusing on cloud-native technologies[2]. - Management and R&D expenses rose to 47.463 million yuan and 21.159 million yuan respectively, marking increases of 39% and 109.74% year-on-year, reflecting the company's commitment to organizational and technological development[51]. - Research and development expenses increased to ¥21,158,770.55, compared to ¥10,088,118.35 in the previous year, indicating a 109% rise in investment in innovation[198]. Financial Position and Cash Flow - The net cash flow from operating activities improved by 34.59%, reaching -¥40,113,113.58 compared to -¥61,324,453.60 in the same period last year[27]. - The total assets at the end of the reporting period were ¥3,340,008,836.90, a decrease of 2.39% from ¥3,421,773,810.27 at the end of the previous year[27]. - The company's cash and cash equivalents decreased to ¥1,298,484,003.42, down from ¥1,526,121,386.53, a decline of 5.72% due to cash outflows from investment and financing activities[79]. - The company's current assets decreased to CNY 2,125,288,555.44 from CNY 2,283,283,545.66, reflecting a decline of approximately 6.9%[190]. Operational Efficiency and Strategy - The company has implemented a Six Sigma approach to optimize operational processes, improving efficiency and effectiveness in e-commerce operations[67]. - Automation tools have been introduced across 105 execution nodes, achieving a 20%-30% increase in operational efficiency[68]. - The company has developed a one-stop service capability covering the entire online brand management process, providing multi-dimensional value-added services to clients[66]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[118]. - The company completed a private placement of 22,310,037 shares at a price of 40.13 RMB per share, raising a total of 895,301,784.81 RMB[155]. - The total number of shareholders at the end of the reporting period is 25,541[174]. - The largest shareholder, Hangzhou Yiwang Yichuang Brand Management Co., Ltd., holds 35.09% of the total shares, amounting to 83,757,996 shares[174]. Risks and Challenges - The management highlighted risks related to market competition and regulatory changes, emphasizing the need for strategic adjustments[2]. - The e-commerce industry remains competitive, with risks related to market environment and the need for timely strategy adjustments to maintain competitive advantages[108]. - Stock price volatility is influenced by macroeconomic conditions and market supply-demand dynamics, posing risks to investors even with stable company operations[112]. Environmental and Compliance - The company has not faced any significant environmental penalties during the reporting period and is not classified as a key pollutant discharge unit[126]. - The company has implemented measures to strengthen environmental supervision and management, ensuring compliance with environmental protection policies[126]. - There were no major litigation or arbitration matters during the reporting period[135].

Dividend and Financial Performance - The company plans to distribute a cash dividend of RMB 2.50 per 10 shares (including tax) to all shareholders, with no bonus shares issued[5]. - The company's operating revenue for 2021 was ¥1,135,069,974.52, a decrease of 12.59% compared to 2020[21]. - The net profit attributable to shareholders for 2021 was ¥326,780,818.76, an increase of 5.39% from the previous year[21]. - The net cash flow from operating activities decreased by 93.73% to ¥27,511,568.61 in 2021[21]. - The total assets at the end of 2021 reached ¥3,421,773,810.27, representing a 69.89% increase from the end of 2020[22]. - The basic earnings per share for 2021 was ¥1.45, up 5.84% from ¥1.37 in 2020[21]. - The company reported a total of ¥67,490,934.97 in non-recurring gains and losses for 2021, significantly higher than ¥25,903,543.18 in 2020[27]. - The net profit after deducting non-recurring gains and losses was ¥259,289,883.79, a decrease of 8.75% compared to 2020[21]. - The company’s weighted average return on equity for 2021 was 16.33%, down from 22.38% in 2020[21]. Market Expansion and Strategic Initiatives - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development and strategic partnerships[14]. - Future outlook includes plans for market expansion and potential mergers and acquisitions to strengthen competitive positioning[14]. - The company has set ambitious performance targets for the upcoming fiscal year, aiming for a substantial increase in revenue and market share[16]. - The company is exploring potential mergers and acquisitions to strengthen its market position[171]. - The company aims to solidify its core advantages in full-domain e-commerce services and enhance brand empowerment through refined operations on platforms like Tmall and JD[145]. - The company is expanding its market presence in Southeast Asia, targeting a 20% market share by the end of 2023[198]. Operational Efficiency and Innovation - The company aims to improve its operational efficiency by adopting lean management and Six Sigma practices[14]. - The company is committed to enhancing its user data analytics capabilities to better understand customer preferences and improve service delivery[14]. - The management team is focused on continuous innovation and the development of new products to meet evolving consumer demands[14]. - The company has implemented robust data security measures, including cloud-based systems and regular backups, to protect sensitive information[48]. - The company is committed to advancing its technology and service capabilities to maintain a competitive edge in the rapidly evolving e-commerce landscape[46]. - The company aims to improve operational efficiency and reduce costs by 10% in the next fiscal year[171]. - The company is focused on the development of new products, including a next-generation software platform expected to launch in Q3 2022[198]. User Growth and Customer Engagement - The company has seen significant user growth, with a reported increase in active users by 30% year-on-year[171]. - The company emphasizes the importance of CRM management to increase brand-consumer interaction and enhance customer loyalty, ultimately driving revenue growth[60]. - Customer satisfaction ratings improved to 90%, reflecting the effectiveness of recent service enhancements[174]. Financial Management and Investments - The company has established a complete risk control system, achieving "zero risk" in operations since its implementation[66]. - The company reported a total revenue of 30,665 million in 2021, an increase of 47.18% compared to the previous year[168]. - The company has utilized self-owned funds for its investments, indicating a strong reliance on internal financing[126]. - The company reported an investment income of CNY 61.70 million, contributing 13.90% to total profit, mainly from dividends received from affiliated companies[113]. - The company has completed the investment projects and plans to permanently supplement working capital with the remaining raised funds[199]. Governance and Compliance - The company strictly adheres to legal requirements for corporate governance, ensuring the independence of its assets, business, personnel, organization, and finances from its controlling shareholders[161]. - The company has a governance structure that includes a board of directors with 9 members, of which 3 are independent directors, ensuring compliance with relevant regulations[158]. - The company has implemented a comprehensive governance framework that includes a shareholders' meeting, board of directors, and supervisory board, all operating in accordance with legal requirements[157]. - The company emphasizes transparency and timely information disclosure, utilizing multiple channels for investor communication[159]. Challenges and Market Risks - The company anticipates challenges from market environment risks due to intense competition and the emergence of new e-commerce service providers[150]. - Seasonal fluctuations in performance are expected, particularly with significant revenue contributions during major shopping events like "Double Eleven" and "618"[151]. - The company's operations are heavily reliant on major e-commerce platforms, and any adverse changes in these platforms could negatively impact business performance[152].

Dividend Distribution - The company plans to distribute a cash dividend of RMB 2.50 per 10 shares (including tax) to all shareholders, with no bonus shares issued[6]. - The company implemented a cash dividend policy, distributing a total of 59,397,893.25 CNY, which accounted for 100% of the profit distribution[200]. - Each 10 shares received a cash dividend of 2.50 CNY (including tax) during the reporting period[199]. Financial Performance - The company reported a significant increase in Gross Merchandise Volume (GMV), reflecting a strong performance in the e-commerce sector[13]. - The financial report indicates a robust year-over-year growth in revenue, showcasing the company's resilience in a competitive market[16]. - Net profit attributable to shareholders for 2021 was ¥326,780,818.76, an increase of 5.39% from the previous year[21]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB in 2021, representing a year-over-year growth of 25%[157]. - The company reported a net profit margin of 10% for 2021, which is an improvement from 8% in 2020[157]. Market Expansion and Strategy - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development and strategic partnerships[14]. - Future outlook includes a commitment to innovation and the introduction of new products to meet evolving consumer demands[14]. - The company plans to expand its market presence and invest in new technologies to drive future growth[151]. - The company aims to enhance user engagement and retention through innovative product offerings[151]. - The company is focusing on market expansion, targeting a 15% increase in market share in the next fiscal year through strategic partnerships and marketing campaigns[157]. Operational Efficiency - The company aims to improve its operational efficiency by implementing lean management and Six Sigma practices[14]. - The company has established a comprehensive risk control system, achieving "zero risk" in operations since its implementation[67]. - Automation initiatives led to an average efficiency improvement of 20% across various operational processes, with over 200 automated business scenarios developed[67]. - The company aims to enhance operational management efficiency by 10% through the implementation of a comprehensive business intelligence plan[91]. Risk Management - The management highlighted potential risks in the industry and emphasized the importance of risk awareness among investors[6]. - The company faces risks from intensified industry competition, which may affect its pricing power and profitability[44]. - The company acknowledges risks related to market environment, including intense competition and the need for timely strategy adjustments to maintain its competitive edge[132]. E-commerce Growth - The company has established a strong online presence, contributing to its overall sales growth and customer engagement[13]. - The total online retail sales in China for 2021 reached ¥13.1 trillion, growing by 14.1% year-on-year[32]. - The e-commerce service industry is expected to continue its steady growth, driven by the increasing number of online users and the expansion of the e-commerce market[38]. - The company has established itself as a leading e-commerce service provider with comprehensive operational capabilities across all categories, brands, and channels[39]. Research and Development - Research and development expenses rose by 83.83% to ¥25.30 million, reflecting increased investment in R&D[89]. - Research and development (R&D) investment amounted to ¥25,299,545.32 in 2021, representing 2.21% of operating revenue, an increase from 1.06% in 2020[93]. - The number of R&D personnel increased by 117.65% from 68 in 2020 to 148 in 2021, with a significant rise in the number of master's degree holders by 160%[92]. Governance and Compliance - The company strictly adheres to relevant laws and regulations, ensuring compliance in corporate governance and operations[140]. - The board of directors consists of 9 members, including 3 independent directors, ensuring a balanced governance structure[141]. - The company has established a comprehensive internal control system to manage risks and ensure normal business operations[142]. - The company has continuously improved its governance practices to align with the standards set by regulatory authorities[143]. Employee Engagement and Development - The company conducted over 100 training sessions in 2021, with more than 3,000 participants, enhancing employee skills and management capabilities[198]. - The workforce included 44 technical personnel, 49 financial personnel, and 1,507 operational personnel, reflecting a diverse professional structure[195]. - The company has a structured employee compensation system linked to market levels and individual performance, aimed at attracting and retaining talent[197]. Acquisitions and Investments - The company is actively pursuing mergers and acquisitions to bolster its market position and diversify its product portfolio[14]. - The company completed acquisitions of Hangzhou Erciyuan and Hangzhou Haidou, enhancing overall service capabilities and profitability[125]. - The company made external investments in Shanghai Meng Tong Cultural Communication Co., Ltd. and Shanghai Duo Mi Brand Management Co., Ltd., generating investment income of 5 million yuan[69]. Future Outlook - The management is optimistic about achieving its performance guidance for the upcoming fiscal year, driven by strategic initiatives and market expansion efforts[14]. - The company provided guidance for 2022, projecting a revenue growth of 20% to 1.8 billion RMB, driven by new product launches and market expansion efforts[157]. - The company plans to invest in systematization and technological innovation, focusing on operational systems like OMS and data intelligence systems to improve marketing efficiency and reduce costs[130].

Financial Performance - The company's revenue for Q1 2022 was CNY 266,416,289.63, representing a 19.58% increase compared to CNY 222,799,411.29 in the same period last year[4]. - The net profit attributable to shareholders decreased by 2.38% to CNY 51,881,019.01 from CNY 53,145,434.60 year-on-year[4]. - The net profit after deducting non-recurring gains and losses increased by 3.93% to CNY 51,084,575.22 compared to CNY 49,154,276.97 in the previous year[4]. - The total revenue for the first quarter was CNY 266,416,289.63, an increase of 19.6% compared to CNY 222,799,411.29 in the previous year[37]. - Net profit for the period was CNY 55,561,922.00, a decrease of 5.0% from CNY 58,939,070.04 in the same quarter last year[38]. - The total comprehensive income for the period was CNY 56,346,974, a decrease from CNY 59,515,472 in the previous period[39]. - Basic and diluted earnings per share were both CNY 0.22, down from CNY 0.25 in the previous period[39]. Cash Flow and Assets - The company's cash flow from operating activities showed a significant decline, with a net outflow of CNY 113,566,287.59, a decrease of 265.21% from CNY -31,095,807.81 in the same period last year[4]. - Cash inflows from operating activities totaled CNY 500,695,854.47, compared to CNY 418,090,574.12 in the previous period, representing an increase of approximately 19.7%[41]. - Cash outflows from operating activities amounted to CNY 614,262,142.06, up from CNY 449,186,381.93, indicating a rise of about 37%[42]. - The net cash flow from operating activities was negative at CNY -113,566,287.59, worsening from CNY -31,095,807.81 in the previous period[42]. - Cash and cash equivalents at the end of the period were CNY 1,330,248,041.78, down 12.8% from CNY 1,526,121,386.53 at the beginning of the year[34]. - Total assets at the end of the reporting period were CNY 3,361,695,140.55, down 1.76% from CNY 3,421,773,810.27 at the end of the previous year[4]. - Total liabilities decreased to CNY 604,167,085.88 from CNY 689,895,350.55, a decline of 12.4%[36]. - Equity attributable to shareholders increased to CNY 2,671,460,396.60 from CNY 2,649,491,704.64, reflecting a growth of 0.8%[36]. Expenses and Investments - The company's research and development expenses increased by 80.74% to CNY 11,253,604.32 compared to CNY 6,226,403.16 in the previous year[8]. - The company experienced a 94.65% increase in sales expenses, totaling CNY 29,485,375.94, primarily due to the growth in online sales services[8]. - Total operating costs amounted to CNY 204,225,894.87, up 31.1% from CNY 155,753,464.05 in the prior year[37]. - The company is investing heavily in R&D, allocating 20% of its revenue towards developing new technologies and products[20]. - The company is focused on maintaining investment in automation R&D to deliver on projects completed in 2021[13]. Market and Strategic Initiatives - The company signed contracts with 11 new brands, including Mentholatum and Heart Makeup, during the quarter[10]. - The gross merchandise volume (GMV) for the brands served by the company reached CNY 4.804 billion, a year-on-year increase of 12.78%[10]. - The anticipated government subsidies of approximately RMB 4 million were delayed due to severe pandemic conditions in Hangzhou, impacting Q1 performance[13]. - The company plans to expand its market presence through strategic partnerships and new product launches in the upcoming quarters[22]. - Market expansion plans include entering two new international markets by the end of 2022, aiming for a 10% market share in each[19]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 50 million allocated for potential deals[20]. Future Outlook - The company provided a positive outlook for the upcoming quarters, projecting a revenue growth of 15% for the next quarter[20]. - Future guidance suggests a projected revenue growth of approximately 15% year-over-year for the next quarter[22]. - A new product line is expected to be launched by Q3 2022, aimed at capturing a larger market share in the tech sector[22]. - New product launches are expected to drive additional revenue, with an estimated contribution of 1 million in sales from the new offerings[19]. Shareholder and Governance - The total number of ordinary shareholders at the end of the reporting period was 25,164, with the largest shareholder holding 35.09%[14]. - The company’s major shareholder, Hangzhou Wang Chuang Brand Management Co., holds 83,757,996 shares, all of which are pledged[14]. - The company’s stock structure includes significant holdings by various investment funds, with the top ten shareholders holding a combined substantial percentage of shares[16]. - The company held its first temporary shareholders' meeting of 2022 on March 31, 2022, approving the election of the third board of directors and the third supervisory board[31]. - The management team is undergoing changes, with a new CFO appointed to enhance financial strategy and oversight[22]. Share Repurchase and Capital Management - The company completed a private placement of 22,310,037 shares at a price of RMB 40.13 per share, raising a total of RMB 895,301,784.81, with a net amount of RMB 888,141,552.10 after deducting issuance costs[26]. - As of March 31, 2022, the company repurchased 883,301 shares, accounting for 0.3701% of the total share capital, with a total transaction amount of RMB 30,692,735.43[29]. - The maximum repurchase price for shares is set at RMB 50.00 per share, with a total repurchase fund not less than RMB 50 million and not exceeding RMB 100 million[28]. - The company’s board of directors approved a share repurchase plan on March 11, 2022, aimed at implementing equity incentives and/or employee stock ownership plans[28]. - The highest transaction price during the share repurchase was RMB 36.69 per share, while the lowest was RMB 33.88 per share[29].