Orient (03958) is planning to repurchase company A shares. The estimated repurchase amount is 2.5-5 billion yuan.

Orient (03958) announces that the company is optimistic about the development prospects of the Chinese capital market and actively seeks to protect the company's value and shareholder rights. The company is currently planning to repurchase its own shares (proposed share repurchase). The type of shares to be repurchased are the RMB ordinary shares (A shares) issued by the company. The purpose of the share repurchase includes but is not limited to maintaining the company's value and shareholder rights, and reducing the company's registered capital as allowed by laws and regulations. The company plans to repurchase the shares through centralized trading at an estimated amount of RMB 250-500 million. The share repurchase will be conducted at prices permitted by laws and regulations.