On April 8, the board of directors of China Chengtong Holding Group Co., Ltd. decided that in accordance with the relevant regulations of the People's Bank of China, the State Administration for Financial Regulation and the China Securities Regulatory Commission on stock repurchase, increase and re-lending, China Chengtong plans to use 100 billion yuan of stock repurchase, increase and re-lending funds to increase and increase the shares of listed companies.

China Chengtong stated that as the state-owned capital operation platform of the State-owned Assets Supervision and Administration Commission of the State Council, China Chengtong will always be guided by serving the national strategy, give full play to the role of long-term capital, patient capital and strategic capital, firmly maintain the stable operation of the capital market, and strive to make positive contributions to the high-quality development of my country's economy and society.