Zhitong Finance App News, Pran Co., Ltd. (688766.SH) issued an announcement. Wang Nan, the controlling shareholder, actual controller and chairman of the company, proposed that the company use its own funds to repurchase some RMB common stock (A shares) shares already issued by the company through centralized bidding transactions through the Shanghai Stock Exchange trading system. The repurchase of shares is based on maintaining the company's value and shareholders' rights. The total repurchase capital is not less than 30 million yuan (inclusive) and no more than 50 million yuan (inclusive).

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