Yuanshan Valley: Plans to repurchase shares of 50 to 100 million yuan for incentive programs.

Farvalley Valley announced that the company plans to repurchase shares through concentrated bidding trading, with a total amount of funds not less than 50 million yuan and not exceeding 100 million yuan, with a repurchase price limit of 8.62 yuan per share. It is estimated that the number of repurchased shares will range from 5.8 million to 11.6 million, accounting for 0.78% to 1.57% of the total share capital. The repurchased shares will be used for equity incentives or employee shareholding plans. If not fully utilized within 36 months, the unused portion will be canceled in accordance with the law. The implementation period is 12 months from the date of approval by the board of directors. This repurchase carries risks such as fundraising and stock price exceeding the limit.