Changyu A: Plans to repurchase no more than 100 million yuan of domestic listed foreign shares and cancel them

Changyu A announced that the total amount of funds for the repurchase will not exceed RMB 100 million, to be used for the cancellation and corresponding reduction of the company's registered capital. The number of shares to be repurchased will be no less than 10 million shares and no more than 15 million shares, accounting for approximately 1.49%-2.23% of the company's current total share capital, and about 4.72%-7.08% of the company's B shares. The repurchase price will not exceed HKD 11.50 per share, and the implementation period will not exceed 12 months from the date the shareholders' meeting approves the repurchase plan