FSILON Furnishing and Construction Materials Corporation announcement: The company plans to repurchase shares through centralized competitive bidding, with a total amount of funds not less than 40 million yuan and not more than 70 million yuan, for cancellation and corresponding reduction of registered capital. The repurchase price shall not exceed 20 yuan per share, with a deadline of no more than 12 months from the date of approval by the shareholders' meeting. The directors, supervisors, senior management personnel, and shareholders with a shareholding of more than 5% have no shareholding reduction plans for the next 3 months or 6 months.