Glinda announced that the company plans to use its own funds or self-raised funds to repurchase the company's shares through centralized bidding transactions. The repurchase amount is not less than RMB 40 million, no more than RMB 80 million, the repurchase price is not higher than RMB 56.16 per share, and the repurchase period is not more than 12 months. The repurchase of shares will be used for employee stock ownership plans or equity incentives.

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.