CRCCHEM announced that the company has completed the repurchase and cancellation of 5.4142 million restricted shares, involving 77 incentive recipients. The repurchased and canceled shares account for 0.36% of the company's total share capital before the repurchase and cancellation. After the cancellation, the company's total share capital decreased from 1.486 billion shares to 1.481 billion shares. The total amount of funds for this repurchase is 28.3381 million yuan, sourced from the company's own funds. This repurchase and cancellation will not affect the continued implementation of the company's incentive plan and will have no significant impact on the company's financial condition and operating results