Maijie Technology announced that the company plans to use its own funds to repurchase the company's shares through centralized bidding transactions. The repurchase capital is not less than 50 million yuan and no more than 100 million yuan, the repurchase price is no more than 29.58 yuan/share, and the shares are intended to be used for equity incentives or employee stock ownership plans. The repurchase period shall not exceed 12 months from the date the board of directors reviews and approves the repurchase plan.

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