Guangzhou Ruoyuchen Technology announced that the company plans to repurchase some of the company's A shares through centralized competitive trading, with the repurchase amount not less than 30 million yuan (including the amount outstanding), and not more than 60 million yuan (including the amount outstanding), with funds coming from the company's own funds and specialized loans for share repurchases. The repurchase price shall not exceed 27.10 yuan per share (including the amount outstanding). The repurchase shall be implemented within 12 months from the date the board of directors approves the share repurchase scheme. The repurchased shares in this transaction will be used to implement the company's stock-based incentive plan or employee stock ownership plan.