---
title: "WEILI: Plans to repurchase shares for 60 million to 90 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233597706.md"
description: "WEILI announced plans to repurchase shares worth between 60 million yuan and 90 million yuan, which will be used for employee stock ownership plans or equity incentives. The number of shares expected to be repurchased is between 857,100 and 1,285,700, accounting for 1.18% and 1.78% of the company's total share capital, respectively. The repurchase period is within 12 months from the date the board of directors approves the plan"
datetime: "2025-03-28T09:08:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233597706.md)
  - [en](https://longbridge.com/en/news/233597706.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233597706.md)
---

# WEILI: Plans to repurchase shares for 60 million to 90 million yuan

WEILI announced that the company plans to use its own funds and self-raised funds to repurchase part of its ordinary shares of RMB through centralized bidding. The repurchased shares will be used entirely for implementing the employee stock ownership plan or equity incentives. Based on the lower limit of the repurchase amount of 60 million yuan and a maximum repurchase price of 70 yuan/share, the estimated number of repurchased shares is approximately 857,100 shares, accounting for about 1.18% of the company's current total share capital; based on the upper limit of the repurchase amount of 90 million yuan and a maximum repurchase price of 70 yuan/share, the estimated number of repurchased shares is approximately 1,285,700 shares, accounting for about 1.78% of the company's current total share capital. The specific number of repurchased shares will be based on the actual number of shares repurchased upon completion of the repurchase or when the repurchase implementation period expires. The repurchase period is within 12 months from the date the board of directors approves this repurchase plan

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