奥飞娱乐股份有限公司关于回购期限过半的进展公告

Group 1 - The company approved a share repurchase plan on February 17, 2025, with a total amount not less than RMB 80 million and not exceeding RMB 130 million, at a price not exceeding RMB 14 per share [2] - The company plans to use its own funds and/or self-raised funds for the repurchase, which will be used for equity incentives and/or employee stock ownership plans [2] - The implementation period for the repurchase is within 12 months from the date of the board's approval [2] Group 2 - The company disclosed on February 21, 2025, that it received a commitment letter from China Minsheng Bank for a special loan not exceeding RMB 110 million, which can cover up to 90% of the repurchase amount [3] - The loan is specifically for the purpose of repurchasing the company's stock and has a term of no more than 3 years [3] Group 3 - As of the date of the announcement, the company has not yet implemented the share repurchase plan, citing market dynamics and related work arrangements as reasons for the delay [4] - The company intends to proceed with the repurchase based on market conditions and will fulfill its information disclosure obligations as required by laws and regulations [5]