Chen Jie, Chairman of Unigroup Guoxin, has proposed that the company repurchase part of its A-shares through centralized bidding, with the total buyback amount ranging from RMB 500 million to RMB 700 million. The repurchased shares will be used for equity incentives or employee stock ownership plans. The maximum repurchase price shall not exceed 150% of the average stock trading price over the 30 trading days preceding the board's approval, and the repurchase period shall be within 12 months from the date of such approval.
