Zhonglian Heavy Section: It is intended to repurchase the company's shares for no more than 3.988 billion yuan

On the evening of July 20, 2022, Zhonglian Zhongke (000157.SZ) repurchased the company A shares.

The company intends to use its own funds to repurchase the company's A shares by centralized bidding, all used for employee holding plans; if the company fails to use the repurchase shares for the above -mentioned use within three years after the repurchase is completed, then The company repurchased shares will be canceled in accordance with the law.

The number of repurchase shares is not lower than 2.5%of the company's total share capital, and no more than 5%of the total share capital of the company, that is, not less than 217 million shares and no more than 434 million shares; this repurchase shares this time shares shares; The price does not exceed RMB 9.19/share; according to the upper limit of the repurchase shares and the upper limit of the price, it is expected that the total amount of the company's repurchase funds will not exceed 3.988 billion yuan. The source of funds is its own funds. The actual number of shares repurchased prevails.

Zhonglian Zhongke said that the company's repurchase shares implementation employee holding plan will unify the interests of enterprises, employees, and shareholders, which is conducive to the long -term healthy development of the enterprise, which is conducive to maintaining the company's good image in the capital market, enhance the public investor's pair The company's confidence and further enhance the company's value and maximize the interests of shareholders.

At the same time, according to the upper limit of the repurchase quantity, the company still has no actual controllers after the repurchase; it will not cause the company's control to change, nor will it change the status of the company's listed company. The equity distribution still meets the listing conditions.

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