Ningbo Sunrise: Plans to repurchase shares for between 60 million and 120 million yuan

Ningbo Sunrise announced that the company plans to use self-raised funds to repurchase part of the issued ordinary shares of RMB through centralized bidding trading, for the purpose of equity incentives or employee stock ownership plans or other incentive types permitted by laws and regulations. The total amount of repurchase funds will not be less than 60 million yuan and not exceed 120 million yuan, with the repurchase share price not exceeding 31 yuan/share. The estimated number of repurchased shares is approximately 1.9354 million to 3.8709 million shares, accounting for 0.6500% to 1.3000% of the company's total share capital. The repurchase period is within 12 months from the date of approval of this repurchase plan by the shareholders' meeting