Yantai Zhongchong Food Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
On January 23, 2026, the Company held the 20th meeting of the 4th Board of Directors, where it reviewed and approved the proposal on the share buyback plan. The Company intends to use its own funds and raised funds to repurchase part of the issued ordinary shares (A shares) through centralized bidding. The buyback price will not exceed RMB 78.00 per share (inclusive), with a total buyback amount of no less than RMB 100 million and no more than RMB 200 million. The specific number of shares and the total buyback amount will be based on the actual number of shares repurchased and the amount spent upon completion of the buyback period, which will not exceed 12 months from the date of the Board's approval of the buyback plan.