On July 7, JAC Motors made a public announcement detailing its intention to repurchase shares via centralized bidding transactions. The repurchase initiative is set to involve an amount ranging from 50 million yuan to 100 million yuan, with the funds sourced directly from the company's own reserves. The company has established a maximum repurchase price of 64 yuan per share. The repurchase period is strategically planned from July 1 to September 30, 2026. During this timeframe, JAC Motors anticipates repurchasing between 781,250 and 1,562,500 shares, which would constitute approximately 0.03% to 0.07% of its total share capital. Notably, all repurchased shares are earmarked for cancellation, a move aimed at reducing the company's registered capital. Furthermore, relevant entities, including the company's directors, have expressed no intention to diminish their shareholdings within the forthcoming three months. However, it is crucial to acknowledge that this repurchase endeavor is fraught with various uncertainties and inherent risks.