Xue Lei, one of the actual controllers of xi'an bright laser technologies and the chairman and general manager, proposed to use the company's own funds and self-raised funds to repurchase some of the RMB common shares (A shares) already issued by the company through the Shanghai Stock Exchange stock trading system in a centralized bidding trading manner. The total amount of repurchase funds shall not be less than RMB 70 million (inclusive), not more than RMB 100 million (inclusive), and the repurchase price per share shall not exceed RMB 74.60 (inclusive). The purpose of repurchasing shares is to maintain the company's value and shareholders' rights. The repurchase period is within 3 months from the date when the board of directors of the company deliberates and approves this repurchase plan.