Fangguan Corporation: Completed repurchase of 0.31% of the company's shares.

Fangfeng Corporation Announcement: From May 20, 2025 to May 19, 2026, the company used 0.2 billion yuan of its own funds to repurchase 3.4894 million shares through centralized bidding trading, accounting for 0.31% of the total share capital of the company. The actual repurchase amount was 20.01 million yuan, with a repurchase price range of 5.58 yuan/share to 5.94 yuan/share. The repurchased shares will be cancelled and the company's registered capital will be reduced. The total number of company shares will decrease from 1.142 billion shares to 1.139 billion shares.