Mountain Eagle International: Chairman Wu Mingwu proposed to buy back the company's shares with 300 million to 600 million yuan.

Announcement from Mountain Eagle International: Chairman Wu Mingwu proposed to repurchase company shares with an amount ranging from 300 million to 600 million yuan. The repurchase price shall not exceed 150% of the average trading price of the company's stock in the 30 trading days before the resolution of the repurchase plan is approved by the board of directors.