According to Zhitong Finance App, Gloria Ying (002821.SZ) announced that the company plans to use its own funds and self-raised funds to repurchase RMB common stock (A shares) shares already issued by the company through centralized bidding transactions through the Shenzhen Stock Exchange stock trading system to reduce registered capital through subsequent implementation of employee stock ownership plans or share incentives and cancellation. The share repurchase capital is not less than 500 million yuan and no more than 700 million yuan. The share repurchase price is not more than 246 yuan/share.

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