JMC announced that the company plans to repurchase shares with funds not less than 150 million yuan and not exceeding 200 million yuan, with the repurchase price not exceeding 22 yuan per share. The repurchased shares will be used to implement the company's employee stock ownership plan or equity incentive plan, with an estimated repurchase quantity of 6.8182 million to 9.0909 million shares, accounting for 0.8%-1% of the company's total share capital. The repurchase period will not exceed 12 months from the date of approval by the board of directors, and the source of funds will be the company's own funds. The company's directors, supervisors, senior management, controlling shareholders, actual controllers, and shareholders holding more than 5% of the shares have no plans to reduce their holdings within the next 3 months and 6 months