IKD announced that the company recently obtained a "Loan Commitment Letter" issued by the Ningbo Branch of Industrial and Commercial Bank of China Limited, committing a loan amount not exceeding 180 million yuan, and not exceeding 90% of the total amount of this stock repurchase fund, with a loan term not exceeding 36 months. The loan will be specifically used for repurchasing the company's shares. The company held a board meeting on June 18, 2025, to review and approve the share repurchase plan, agreeing to use no less than 100 million yuan and no more than 200 million yuan of its own funds or self-raised funds to repurchase the company's shares through centralized bidding, for future employee stock ownership plans or equity incentives, with a maximum repurchase price not exceeding 24.17 yuan/share, and a repurchase period not exceeding 12 months. The specific number of shares to be repurchased will be based on the actual number of shares repurchased. The company will implement the repurchase plan according to subsequent market conditions and the availability of funds, and will fulfill its information disclosure obligations in a timely manner