YINGFENG announced that the company held a board meeting on March 19, 2025, to review and approve the share repurchase plan, intending to use funds ranging from 60 million to 120 million yuan to repurchase shares through centralized bidding, for the employee stock ownership plan or equity incentive. As of March 31, 2025, the company has not yet started the share repurchase, with an upper limit of 8 yuan per share. The company will implement the repurchase at an opportune time based on market conditions during the repurchase period and will fulfill its information disclosure obligations in a timely manner