Zhongrui shares: completed the repurchase of 10.9 million shares for use in equity incentives or employee stock ownership.

Zhongrui Group announced that as of April 20, the company has completed the share buyback plan for the year 2024. The buyback period was from March 16, 2026 to April 20, 2026, with a total of 10.9 million shares repurchased through centralized bidding trading, accounting for 1.00% of the total share capital. The highest trading price was 3.49 yuan per share, the lowest trading price was 3.12 yuan per share, and a total of 36.5274 million yuan was used for the repurchase. The repurchased shares will be used for implementing employee stock ownership plans or stock incentives, and any unused portion will be cancelled if not used within three years. In addition, from June 5, 2024 to November 1, 2024, the controlling shareholder Ruichang Investment increased its holdings by 10.8974 million shares, accounting for 1.00% of the total share capital, with an increase amount of 26.2714 million yuan.