SDIC Capital announcement: The company held the 19th meeting of the ninth board of directors on December 4, 2024, to review and approve the proposal "Regarding the Change of the Purpose of Repurchasing Shares and Cancellation", intending to change the purpose of repurchasing shares from "for conversion of convertible corporate bonds issued by the company" to "for cancellation and reduction of registered capital". The company completed the repurchase of 31.339 million shares on October 26, 2023, accounting for 0.49% of the total share capital, with a total repurchase amount of 0.2 billion yuan. This proposed change still needs to be approved by the company's shareholders' meeting before it can take effect.