Yongxi Electronics: Plans to repurchase shares worth 100 million to 150 million yuan for employee incentives.

Ningbo Silicon Electronics announced that the company plans to repurchase shares through centralized bidding, with an amount not less than 100 million yuan and not exceeding 150 million yuan, at a price not exceeding 124.10 yuan per share. It is expected to repurchase between 805,802 and 1,208,702 shares, accounting for 0.18% to 0.27% of the total share capital. The funding will come from a special loan and self-owned funds. The repurchased shares will be used for the employee stock ownership plan or equity incentive, and if not used within three years, they will be canceled. The repurchase period will last 12 months from the approval by the board of directors. As of the date of the board resolution, the relevant parties have no plans for share reduction in the next 3 to 6 months.