Fenglin Group Plans to Buy Back Shares for 80 Million to 120 Million Yuan

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Fenglin Group announced that the company plans to buy back shares through centralized bidding, with a repurchase amount of no less than 80 million yuan and no more than 120 million yuan, and a repurchase price not exceeding 3.54 yuan per share. The repurchased shares will be used to maintain company value and shareholder equity, and will be sold through centralized bidding within the prescribed period. The buyback period shall not exceed three months from the date of approval by the board of directors.

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