According to Zhitong Finance App, Keger Precision (301338.SZ) announced that Qiu Guoliang, the controlling shareholder, actual controller and chairman of the company, proposed that the company's overfunded capital obtained through the initial public offering of common shares be repurchased through centralized bidding transactions through the Shenzhen Stock Exchange trading system and used for equity incentives or employee stock ownership plans at appropriate times in the future. The total capital for repurchasing shares is not less than 15 million yuan (inclusive) and no more than 30 million yuan (inclusive).

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