Jiu Feng Energy: Intends to repurchase shares for 200-300 million yuan for cancellation.

Jiufeng Energy announced that the company had previously deliberated and approved a share repurchase proposal, which will be carried out through a centralized bidding trading method using its own funds and special loans. The total amount of funds for the repurchase is 2-3 billion yuan, and the adjusted repurchase price will not exceed 36.91 yuan per share. The repurchased shares will be cancelled and the capital will be reduced. After the repurchase cancellation, the total share capital and registered capital of the company will be reduced. According to regulations, creditors have the right to demand repayment of debts or provide guarantees within 30 days of receiving the notice or within 45 days of the announcement disclosure if they do not receive a notice. The declaration period is from December 2, 2025, for 45 days, and can be declared through on-site, mailing, and other methods.