宋城演艺：拟回购不低于1亿元且不超过2亿元公司股份

Group 1 - The company, Songcheng Performance, announced a share repurchase plan to be approved at the upcoming shareholders' meeting, with a total fund of no less than 1 billion RMB and no more than 2 billion RMB allocated for the buyback [1] - The repurchased shares will be used for cancellation and reduction of registered capital, with a buyback price capped at 150% of the average trading price over the previous 30 trading days, not exceeding 12 RMB per share [1] - The implementation period for the share repurchase is set for six months from the date of shareholder approval [1] Group 2 - As of the latest report, the market capitalization of Songcheng Performance is 20.9 billion RMB [2] - For the first half of 2025, the revenue composition of Songcheng Performance is as follows: 78.58% from the live performance industry, 17.26% from tourism services, and 4.17% from other businesses [1]