Changshu Fengfan Co., Ltd.: Has repurchased 13.179 million shares, using a total amount of 55.1574 million yuan

On April 30, Fengfan Co., Ltd. announced that the sixth board of directors will hold its seventh meeting on November 12, 2024, to review and approve the proposal on the share repurchase plan through centralized bidding. The company agrees to use its own funds of less than RMB 150 million, not exceeding RMB 300 million, along with special loans from financial institutions for stock repurchase, to repurchase part of the publicly issued shares through centralized bidding, with a repurchase price not exceeding RMB 6.90 per share. The implementation period for the share repurchase is no more than 12 months from the date the board of directors approves the repurchase plan. As of April 30, 2025, the company has cumulatively repurchased 13.179 million shares, accounting for 1.1538% of the company's total share capital, with a repurchase price range of RMB 3.99 to RMB 4.60 per share, and a total fund usage of RMB 55.1574 million