Metersbonwe Fashion & Accessories (002269.SZ) announced that in order to encourage the core team to actively promote the company's new business model 5.0 and rapidly develop new retail business, and to attract more young and professional talents suitable for the development of the new business from society to join the company, so as to achieve the team guarantee for the healthy and orderly development of the new and old teams. Mr. Zhou Chengjian, the actual controller and chairman of the company, proposed that the company repurchase its own shares through the Shenzhen Stock Exchange system in a centralized bidding manner. The repurchased shares will be used for employee stock ownership plans or stock-based incentives at appropriate times in the future.

The repurchase price shall not exceed 150% of the average trading price of the company's stock in the 30 trading days prior to the resolution of the board of directors to repurchase the shares, and the total amount of funds for repurchasing shares shall not be less than RMB 30 million (inclusive) and not more than RMB 50 million (inclusive). Please refer to the stock repurchase program approved by the board of directors for specific details.

Mr. Zhou Chengjian is the actual controller of Shanghai Huafu Investment Co., Ltd. (hereinafter referred to as "Huafu Investment"), the controlling shareholder of the company. On February 2, 2024, the 17.5 million shares of the company held by Huafu Investment were transferred and registered due to judicial auction. In addition to the above, Mr. Zhou Chengjian and Huafu Investment have not traded the company's shares in the six months prior to this proposal.