Zhitong Finance App News, Fenglin Group (601996.SH) issued an announcement. In order to protect the company's value and shareholders' interests, the company plans to use its own funds to repurchase shares through centralized bidding transactions. The share repurchase amount is not less than 80 million yuan (inclusive) and no more than 120 million yuan (inclusive). The share repurchase price does not exceed 3.54 yuan/share (inclusive).

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.