Announcement on the Progress of Share Buyback by Dagang Holdings Group Co., Ltd.
Dagang Holdings Group Co., Ltd. (hereinafter referred to as "the Company") held the 11th (temporary) meeting of the 6th Board of Directors on December 30, 2025, where it reviewed and approved the proposal on the share buyback plan. The Company agreed to use no less than RMB 20 million (inclusive) and no more than RMB 40 million (inclusive) of its own funds and/or self-raised funds to repurchase part of its shares through the Shenzhen Stock Exchange trading system via centralized bidding, with a buyback price not exceeding RMB 10.00 per share (inclusive). The repurchased shares will be used for implementing employee stock ownership plans or equity incentives, and the buyback period will not exceed 12 months from the date of the Board's approval of this buyback plan.