SMM7: July 25, 2018, Camel Group Co., Ltd. issued a plan to buy back the company's shares in the form of centralized bidding transactions, the details of which are as follows:

Under the condition that the price of the repurchased shares does not exceed RMB 13 yuan / share, the total amount of funds to be used for the repurchase shall not be less than RMB 65 million yuan or more than RMB 130 million yuan;

2. repurchase price

No more than RMB 13 yuan per share;

3. number of buybacks

Under the condition that the price of the repurchased shares does not exceed RMB 13 yuan / share, the lower limit of the number of shares to be repurchased is expected to be 5 million shares, and the upper limit is 1000 million shares;

4. purpose of repurchase

Used to implement employee stock ownership plan, equity incentive or reduce registered capital;

5. repurchase period

Within 6 months from the date of consideration and approval of the plan for the repurchase of shares by the shareholders' general meeting;

6. repurchase methods

Centralized bidding and trading.

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