Confucian Film: Cumulative repurchase of 17.91 million shares, transaction amount of 1.49 billion yuan.

Confucian Films announcement stated that as of the disclosure date of the announcement, the company's share buyback scheme has been completed. The company has repurchased a total of 17.91 million shares through centralized competitive bidding, accounting for 0.85% of the total share capital, with a highest transaction price of 8.87 yuan per share and a lowest transaction price of 7.91 yuan per share, with a total transaction amount of 149 million yuan. This buyback complies with the requirements of the scheme, will not have a significant impact on the company's finances, and will not result in a change in control. The repurchased shares are intended to be used for equity incentive or employee share ownership plans, and any unused portions after three years will be cancelled.