According to Aofei Data's announcement, the company plans to use its own or self-raised funds to repurchase A-shares through centralized bidding for equity incentives or employee stock ownership plans. The total repurchase capital is not less than 50 million yuan and no more than 100 million yuan, and the repurchase price is no more than 2988 yuan/share. Based on the upper and lower limits of the repurchase amount, the estimated number of shares to be repurchased is 1.673,400 to 3.3467 million shares, accounting for 0.17% to 0.34% of the company's total share capital. The repurchase period shall not exceed 12 months from the date the board of directors reviews and approves the repurchase plan. As of the disclosure date of the announcement, the company's directors, executives, controlling shareholders and actual controllers have no plans to reduce their holdings for the next six months.

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.