Wuzhou Transportation: Plans to repurchase company shares for RMB 60 million-RMB 120 million.

Wuzhou Communications announced that it plans to repurchase company shares using its own funds or other self-raised funds, in an amount of no less than RMB 60 million and no more than RMB 120 million, with a maximum repurchase price of RMB 5 per share. The repurchased shares are intended to be used for conversion of the company's issued convertible corporate bonds, and the implementation period is within 12 months from the date the board of directors approves the repurchase plan.