According to the Zhitong Finance App, Jiuwu Hi-Tech (300631.SZ) announced that the company plans to use its own funds to repurchase some of the RMB common stock (A shares) shares already issued by the company through centralized bidding transactions through the Shenzhen Stock Exchange trading system, which are necessary to protect the company's value and shareholders' rights. All of the repurchased shares will be sold in accordance with relevant regulations. The share repurchase capital is not less than 20 million yuan and no more than 40 million yuan. The share repurchase price is not more than 30 yuan/share.

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.