Feirongda: Plans to repurchase company shares for 50 million yuan to 100 million yuan.

FrD Technology announced that it plans to use its own funds to repurchase the company's shares through centralized bidding, with the total repurchase amount not less than RMB 50 million and not more than RMB 100 million, and the repurchase price not exceeding RMB 50 per share. The repurchase period shall be within 12 months from the date the board of directors approves the repurchase plan. The repurchased shares are intended to be used for equity incentives or employee stock ownership plans.