SNC GROUP: Plans to use RMB 8 million to RMB 15 million to repurchase shares

SNC GROUP announced that the company intends to use its own funds or self-raised funds to repurchase a portion of its publicly held shares through the centralized bidding trading method via the Shenzhen Stock Exchange trading system. The total amount of funds for the repurchase will not be less than RMB 8 million and not exceed RMB 15 million, with the repurchase price not exceeding RMB 47.3 per share. The repurchased shares will be used to implement the employee stock ownership plan and/or equity incentive plan, and the implementation period for the repurchase of shares will be no more than 12 months from the date the company's board of directors approves the repurchase plan