pinballfx| Ciwen Media (002343.SZ): Planning to repurchase company shares

Gelonghui April 28 丨 Ciwen Media (002343)(002343pinballfx.SZ) announcedpinballfx, the company is planning to use its own funds to buy back the company's shares through a centralized bidding transaction through the Shenzhen Stock Exchange trading system to promote the matching of the company's stock market price with its intrinsic value. The company plans to repurchase the company's shares through centralized bidding transactions through the trading system of the Shenzhen Stock Exchange. The total amount of funds for this share repurchase shall not be less than RMB 10 million (inclusive) and shall not exceed RMB 20 million (inclusive). It is expected that the price of this share repurchase will not be higher than 150% of the average stock trading price in the 30 trading days before the company's board of directors reviewed and approved the resolution on the share repurchase plan.