XZB announced that the company repurchased shares for the first time through centralized bidding on April 16, 2025, repurchasing 356,800 shares, accounting for 0.2614% of the company's total share capital, with a repurchase price range of RMB 23.89 per share to RMB 24.7 per share, and a total amount paid of RMB 8.7439 million. This repurchase complies with relevant laws and regulations and the company's share repurchase plan, and the repurchased shares will be used to implement the employee stock ownership plan or equity incentive