Micro-innovation: The Chairman proposed to buy back the company ' s shares at RMB 1 billion and RMB 2 billion

ON 29 JULY, THE MONUMENTS FOR INNOVATION ANNOUNCED THAT THE COMPANY HAD RECEIVED A LETTER FROM MR. CHU IMING, CHAIRMAN OF THE BOARD, ON 29 JULY 2026, CONCERNING THE OFFER TO REPURCHASE COMPANY A SHARES. THE TOTAL AMOUNT OF MONEY PROPOSED TO BUY BACK SHARES IS NOT LESS THAN RMB 1 BILLION (INCLUSIVE) AND NOT MORE THAN RMB 2 BILLION (INCLUSIVE), AND ALL REPURCHASE SHARES WILL BE USED TO WRITE OFF AND REDUCE THE REGISTERED CAPITAL AT A RETURN PRICE OF NO MORE THAN 150 PER CENT OF THE AVERAGE PRICE OF THE COMPANY ' S STOCK EXCHANGE ON THE 30 TRADING DAYS PRIOR TO THE BOARD ' S RESOLUTION ON REPURCHASE. KIM XIAN