Baiwei Storage announced that it plans to use no less than 200 million yuan and no more than 250 million yuan of its own capital or self-raised capital to repurchase the company's shares. The repurchase price will not exceed 46,824 yuan/share. The repurchase of shares will be used to reduce the company's registered capital. The repurchase plan still needs to be submitted to the company's shareholders' meeting for review.

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.