Nengte Technology: Plans to repurchase shares with 300 million to 500 million yuan, with a repurchase price not exceeding 4.7 yuan/share.

Jin10 data, July 2, reported that Nengte Technology announced that the company intends to use its own funds and self-raised funds for this share repurchase, which will be entirely used for cancellation and a corresponding reduction of registered capital. The total amount of funds for the repurchase is planned to be no less than 300 million RMB (inclusive) and not more than 500 million RMB (inclusive), with a repurchase price not exceeding 4.7 RMB/share (inclusive). The implementation period for this share repurchase is within 12 months from the date the repurchase plan is approved by the shareholders’ meeting.

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