Huaqin Technology: Plans to repurchase shares for RMB 40 million80 million.

Huaqin Technology announced that the company plans to repurchase shares through centralized bidding transactions, with the total repurchase amount not less than RMB 40 million and not more than RMB 80 million, and the repurchase price not exceeding RMB 72 per share. Based on the upper limit of the repurchase price, the estimated number of shares to be repurchased is 555,600 to 1,111,100 shares, accounting for 0.1456% to 0.2912% of the company's total share capital. This repurchase is based on safeguarding the company's value and shareholders' rights and interests. The repurchase period is within 3 months from the date of approval by the board of directors, and the source of funds is own funds or self-raised funds. The company's directors, senior management, controlling shareholder, and actual controller have no clear plans to reduce their holdings in the next 3 months or 6 months, while the reduction situation of other shareholders holding more than 5% remains uncertain. This repurchase is subject to risks such as failure to implement as planned.