According to Zhitong Finance App, Rongqi Technology (301360.SZ) announced that the company plans to use its own funds to repurchase the company's shares through centralized bidding transactions and will sell them within a specified period of time in accordance with relevant repurchase rules and regulatory guidelines. The total capital for repurchasing shares shall not be less than RMB 25 million (inclusive), not more than RMB 50 million (inclusive), and the repurchase price of shares shall not exceed RMB 106 per share (inclusive).

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