Kechuan Technology (603052) issued a share repurchase announcement on May 16casilando50, the company plans to complete this company's share repurchase plan from May 16, 2024 to April 28, 2025, and the repurchase price will not exceed 50casilando50.00 yuan/share, the total repurchase amount shall not exceed RMB 10,000casilando50.0 million yuan. If it is fully repurchased and calculated based on the upper limit of the total amount of repurchase and the upper limit of the price of the shares repurchased, it is estimated that the number of shares that can be repurchased will not exceed 2 million shares, and the upper limit of the number of shares to be repurchased will account for the company's total share capital. 2.08%, specific shares repurchasedcasilando50The number of shares is based on the actual number of shares repurchased when the repurchase expires or is terminated.

The announcement stated that based on confidence in the company's future development and recognition of the company's value, and at the same time, in order to further improve the company's incentive mechanism, enhance team cohesion and corporate competitiveness, and promote the company's healthy and sustainable development, the company will repurchase some shares through centralized bidding transactions. Company shares are used for company equity incentives or employee stock ownership plans.