中泰证券：拟回购3亿至5亿元股份

Core Viewpoint - The company plans to repurchase a portion of its A-shares through centralized bidding, with a total repurchase fund of RMB 300 million to 500 million, aimed at reducing registered capital, optimizing capital structure, and enhancing shareholder value [1] Group 1 - The repurchase will be funded from the company's own funds [1] - The implementation period for the repurchase is within three months from the date the plan is approved by the shareholders' meeting [1] - The specific plan requires approval from both the company's board of directors and the shareholders' meeting [1] Group 2 - The chairman, Wang Hong, has not engaged in any buying or selling of the company's shares in the six months prior to the proposal and has no plans for increasing or decreasing holdings [1]