Changqing: 70,000 shares have been repurchased, with a total amount of funds used of 907,300 yuan

Changqing announced on May 23 that at the 12th meeting of the 5th Board of Directors held on April 15, 2025, it reviewed and approved the proposal on the repurchase of shares through centralized bidding. The company plans to use no less than 30 million yuan and no more than 50 million yuan of its own funds and special loans from commercial banks to repurchase shares through centralized bidding, all of which will be used for the employee stock ownership plan or equity incentives. The implementation period for the share repurchase is within 12 months from the date the Board of Directors approves the repurchase plan. As of May 22, 2025, the company has repurchased a total of 70,000 shares, accounting for 0.0294% of the company's total share capital, with a repurchase price range of 12.94 yuan/share to 12.97 yuan/share, and a total of 907,300 yuan used