The influence of century huatong's termination of repurchase

1. The termination of share repurchase this time is a prudent decision made by the company to ensure the healthy and stable development of the company based on the current external environment and its own capital situation.

2. Termination of share repurchase is conducive to the company's ability to resist risks and capital utilization efficiency, which is in line with the company's long-term interests and does not harm the rights and interests of all shareholders, especially minority shareholders.

3. The decision-making procedure for the termination of share repurchase complies with relevant laws and regulations and the Articles of Association.