P&S: Plans to repurchase shares not exceeding 30 million yuan

P&S announced that the sixth meeting of the sixth board of directors approved the share repurchase plan, which will repurchase shares through centralized bidding for cancellation and reduction of registered capital. The total amount of repurchase funds will not be less than 20 million yuan and not exceed 30 million yuan, with funding sources from special loans for stock repurchase and self-owned funds; the repurchase price will not exceed 15 yuan per share. Based on the upper limit, it is estimated that 2 million shares will be repurchased, accounting for 0.17% of the company's total share capital, and based on the lower limit, it is estimated that 1.3333 million shares will be repurchased, accounting for 0.12% of the company's total share capital; the repurchase period is within 6 months from the date of approval by the shareholders' meeting