According to CoinMeta, Sanhuan Group announced its intention to repurchase company shares for 500 million to 1 billion yuan, with a repurchase price not exceeding 100 yuan per share. The purpose of the share repurchase is to maintain the company's value and shareholders' rights and interests (for sale). If the repurchased shares cannot be sold within 36 months after the completion of the repurchase, the unsold shares will be cancelled. Based on a maximum repurchase amount of 1 billion yuan and a maximum repurchase price of 100 yuan per share, the estimated number of shares to be repurchased is about 10 million, which accounts for 0.50% of the company's total share capital. At the lower limit of 500 million yuan, the estimated number of shares to be repurchased is about 5 million, which accounts for 0.25% of the company's total share capital. The repurchase period shall not exceed 3 months from the date when the board of directors approves this repurchase plan.