Peng Ding Holdings announced that the chairman of the company proposed to buy back the company's shares through centralized bidding transactions for equity incentives or employee stock ownership plans. The repurchase price is not higher than 80 yuan/share, and the total capital is not less than RMB 300 million and not higher than RMB 500 million. The source of capital is own funds or self-raised funds. The company will develop a repurchase plan based on the proposal and carry out the review process.

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