---
title: "YONGGUAN New Material plans to spend 30 million to 50 million yuan to repurchase shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236196989.md"
description: "According to the Zhitong Finance APP, YONGGUAN New Material has disclosed a share repurchase plan. The amount for this share repurchase will not be less than RMB 30 million (inclusive) and not exceed RMB 50 million (inclusive). The repurchase price will not exceed RMB 20.50 per share (inclusive), and the repurchased shares will be used for equity incentives or employee stock ownership plans"
datetime: "2025-04-16T09:26:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236196989.md)
  - [en](https://longbridge.com/en/news/236196989.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236196989.md)
---

# YONGGUAN New Material plans to spend 30 million to 50 million yuan to repurchase shares

According to the Zhitong Finance APP, YONGGUAN New Material (603681.SH) disclosed a share repurchase plan. The amount for this share repurchase will not be less than RMB 30 million (inclusive) and not exceed RMB 50 million (inclusive). The repurchase price will not exceed RMB 20.50 per share (inclusive), and the repurchased shares will be used for equity incentives or employee stock ownership plans

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