CIMC (02039) announced that based on confidence in the company's future development prospects and high recognition of the company's value, combined with the company's operating conditions, main business development outlook, financial status, and future profitability, the company intends to use its own funds to repurchase some A-shares to boost investor confidence and protect the interests of the company and shareholders. Taking into account the company's current financial condition and operating situation, the repurchase price is set not to exceed RMB 12.01 per share (inclusive), and the total amount of funds for this share repurchase is determined not to exceed RMB 500 million (inclusive) and not less than RMB 300 million (inclusive). The funding source will be the company's own funds.