According to the Zhitong Finance App, Advanced Digital Communications (300541.SZ) announced that the company plans to use centralized bidding to repurchase some of the public shares of the company's already issued RMB common stock (A shares) to implement equity incentives or employee stock ownership plans. The share repurchase capital is not less than 13.9 million yuan and no more than 27.8 million yuan, and the share repurchase price is no more than 13.90 yuan/share.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.