Zhejiang Risun Intelligent Technology announced that it plans to use its own funds to repurchase the company's shares through centralized competitive trading, with a total repurchase amount not less than RMB 10 million (inclusive), and not more than RMB 20 million (inclusive). The repurchased shares will be used for employee shareholding plans or stock-based incentive plans at a suitable future time. The repurchase price does not exceed RMB 24.12 per share (inclusive). The repurchase period will be within 12 months from the date of approval of the repurchase plan by the company's shareholders' meeting.