Greattown Holdings Ltd(600094) : it is proposed to repurchase shares with its own funds of 200 million yuan to 400 million yuan

Greattown Holdings Ltd(600094) ( Greattown Holdings Ltd(600094) ) announced on April 5 that it is planned to use its own funds with a total amount of no less than 200 million yuan and no more than 400 million yuan to repurchase A-Shares of the company, and the repurchase price shall not exceed 5.76 yuan / share. The purpose of the repurchased shares is “necessary to maintain the company’s value and shareholders’ rights and interests”. The repurchased shares will be used for cancellation and sale. The amount of shares to be used to reduce the cancellation of registered capital and for sale in the secondary market shall not exceed half of the total amount of shares repurchased this time.