Pengding Holdings announced that it plans to repurchase the company's shares through centralized bidding. The total repurchase capital is not less than 300 million yuan and no more than 500 million yuan, and the repurchase price will not exceed 80 yuan/share. All repurchased shares will be used for employee stock ownership plans or share incentive plans. The repurchase period is 12 months from the date the board of directors reviews and approves the plan.

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