Hainan Airlines Technology: plans to buy back company shares worth 90 million to 180 million yuan.

Hainan Airlines Technology Announcement: The company plans to repurchase company shares with an amount of 90 million to 180 million RMB, at a repurchase price not exceeding 5.29 RMB per share. The purpose of the share repurchase is for future implementation of an employee stock ownership plan or equity incentive. Based on the upper limit of the repurchase price, it is estimated that the number of shares to be repurchased is between 17.01 million and 34.02 million, accounting for 0.59% to 1.17% of the total share capital of the company. The source of repurchase funds will be from internal resources or special repurchase loans from financial institutions. If the repurchased shares are not fully utilized within three years after the announcement of the implementation results of the share repurchase and share changes, the unused portion will be cancelled.