According to CoinMeta, Taichen Guang announced that the company intends to repurchase non-restricted A shares through centralized bidding transactions for subsequent equity incentives or employee stock ownership plans. The total amount of funds for the repurchase will not be less than 60 million yuan and will not exceed 100 million yuan. The repurchase price will not exceed 120 yuan per share. Based on the upper and lower limits of the repurchase funds and the price cap, it is estimated that between 500,000 and 833,300 shares will be repurchased, which accounts for approximately 0.22% to 0.37% of the company's total share capital. The funds for the repurchase will come from the company's own funds and/or raised funds, and the repurchase period will be within 12 months from the date when the plan is approved by the board of directors. As of the announcement date, the company's directors, senior management, controlling shareholders, and actual controllers do not have any plans to reduce their holdings in the next six months.