Core Viewpoint - Company plans to repurchase shares using its own funds and a special loan for stock repurchase, with a total amount between RMB 40 million and RMB 80 million, and a maximum repurchase price of RMB 47.48 per share [1][2] Summary by Sections Share Repurchase Plan - The company approved a share repurchase plan on November 14, 2024, aiming to buy back shares for future employee stock ownership plans [1] - The repurchase will be conducted through centralized bidding and is set to last for 12 months from the board's approval date [1] Adjustments to Repurchase Price - Due to the company's equity distribution for the first three quarters of 2024, the maximum repurchase price was adjusted from RMB 47.48 to RMB 47.19 per share [2] - Following the annual equity distribution for 2024, the maximum repurchase price was further adjusted to RMB 46.21 per share [2] Progress of Share Repurchase - As of August 31, 2025, the company repurchased 1,033,192 shares, accounting for 0.204% of the total share capital, with a total transaction amount of RMB 27,189,086.01 [2] - The highest transaction price was RMB 29.53 per share, and the lowest was RMB 21.43 per share [2] Compliance with Regulations - The company confirmed that the share repurchase activities comply with relevant regulations and guidelines set by the Shenzhen Stock Exchange [3][4] - The company did not repurchase shares during periods that could significantly impact the stock price or during other restricted periods [3][5]