According to CoinMeta, Silbao Technology announced that its board of directors has approved a share repurchase plan. The company intends to use no less than 80 million yuan and no more than 160 million yuan of its own funds and/or raised funds to repurchase its A-share shares through centralized competitive bidding. The repurchase price will not exceed 20 yuan per share. The repurchase period is within 12 months from the date of approval by the board of directors. The repurchased shares will be used for subsequent equity incentives or employee stock ownership plans at an appropriate time. In addition, the board of directors also approved a proposal to amend the "Company Articles of Association." This proposal needs to be submitted to the shareholders' meeting for review, and it has been scheduled that the first temporary shareholders' meeting of 2026 will be held on November 30, 2026.