According to the Zhitong Finance App, Ocean Electric (002249.SZ) issued an announcement. The company decided to use its own funds to repurchase some of the company's public shares through centralized bidding transactions through the secondary market for subsequent employee stock ownership plans or equity incentive plans. The total capital of this repurchase is not less than RMB 120 million and no more than RMB 160 million, and the repurchase price is not more than RMB 11.5 per share.

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