Lanqi Technology announced that on July 29, the company repurchased 500,000 A-shares for the first time through centralized bidding transactions, accounting for 0.04% of the total share capital. The highest price was 210 yuan/share and the lowest price was 192.18 yuan/share, and the total payment amount was about 103 million yuan. The company passed the repurchase bill on July 23. The estimated repurchase amount is 300 million to 600 million yuan. The repurchase period is until October 23. The purpose is to protect the company's value and shareholders' rights.

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