Ningxia Building Materials: Intends to buy back shares with 100 million to 200 million yuan

On August 31, Ningxia Building Materials (600449. The number of repurchased shares ranged from 5.1361 million shares to 10.2722 million shares, accounting for 1.07% to 2.15% of the company's total equity. The purpose of this

repurchase is to safeguard the value of the company and the rights and interests of shareholders. All the repurchased shares will be cancelled and the registered capital will be reduced. The implementation period of the repurchase is within three months from the date of approval of the repurchase plan by the shareholders'meeting. The actual controllers and controlling shareholders of the company have no plans to reduce their holdings in the next three months and six months.