Orient Securities announces proposed A-share repurchase plan

Orient Securities announced its intention to repurchase A-shares to protect shareholder value, with funds sourced from the company's own resources. The proposed repurchase will be executed through centralized auction transactions, with an expected fund allocation ranging from RMB250 million to RMB500 million. The implementation period will adhere to all applicable laws, regulations, and relevant rules of the securities regulatory authorities. While the announcement indicates a positive outlook, the final repurchase plan is subject to further consideration, approval, and regulatory compliance.