Zhitong Finance App News, Guangzhou Steel Gas (688548.SH) issued an announcement. Deng Tao, chairman of the company, proposed that the company use its own funds or self-raised funds to repurchase some of the company's issued RMB common shares (A shares) through centralized bidding transactions through the Shanghai Stock Exchange trading system, and use them for equity incentives, employee stock ownership plans, etc. at an appropriate time in the future. The specific use will be determined by the company's board of directors in accordance with relevant laws and regulations. The total capital for repurchasing shares is not less than 200 million yuan (inclusive) and not more than 400 million yuan (inclusive).

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