According to the Zhitong Finance App, Yonggui Electric (300351.SZ) announced that the company plans to use its own capital and self-financing to repurchase part of the company's shares through centralized bidding transactions through the secondary market. The repurchase shares will be used to implement employee stock ownership plans, equity incentives, or to convert corporate bonds issued by listed companies that can be converted into shares. The total capital of this repurchase is not less than RMB 10,000 million (including the number of shares) and no more than RMB 150 million (including the number of shares), and the price of the shares repurchased is no more than RMB 24.94 per share (including the number of shares).

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