Zhitong Finance App News, Shandong Gold (01787) announced that based on confidence in the company's future development prospects and recognition of the company's value, in order to protect the interests of all shareholders of the company, enhance investor confidence, maintain the stability of the company's stock price, enhance the long-term investment value of the company's shares, and promote the healthy and sustainable development of the company, the company plans to use its own capital and self-raised funds to repurchase some of the company's A shares through centralized bidding transactions. The repurchased shares will be cancelled and the company's registered capital reduced in accordance with law.

The total share repurchase capital is not less than RMB 300 million (inclusive) and not more than RMB 400 million (inclusive), and the share repurchase price is not more than RMB 48.57 per share (inclusive).

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