Beijing InHand Networks Technology Co Ltd

Ningxia Building Materials announced plans to buy back company shares for 100 million to 200 million yuan, with a maximum repurchase price of 19.47 yuan per share, and the repurchased shares will be cancelled. The company's stock price had long been below net asset value per share, but after a recent strong climb, it has exceeded the 2025 annual report net asset value per share. As of August 7, the total market value was 7.412 billion yuan. The company stated that the actual controller and controlling shareholder have no plans to reduce their holdings in the next three months and six months, and the repurchased shares will be cancelled within three years after the relevant announcement. In addition, InHand Networks also disclosed a buyback plan on the evening of August 9, proposing to use 20 million to 30 million yuan of its own funds to buy back and cancel shares.

InHand Networks announced that the company plans to repurchase shares through centralized bidding, with a buyback amount of no less than 20 million yuan and no more than 30 million yuan, using its own funds. The repurchase price will not exceed 56 yuan per share, and the repurchased shares will be cancelled to reduce registered capital. The buyback period is within six months from the date of approval by the shareholders' meeting.