Zhitong Finance App News, Feilihua (300395.SZ) issued an announcement. The company's chairman, Mr. Shang Chunli, proposed that the company use its own or self-raised funds to repurchase some of the company's issued RMB common stock (A shares) through the Shenzhen Stock Exchange trading system, and use the repurchased shares for equity incentives or employee stock ownership plans at an appropriate time in the future. The total capital for the repurchase of shares shall not be less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive).

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