Scenergy announced that the company plans to repurchase shares through centralized bidding to maintain company value and shareholder rights. The total amount of repurchase funds will not be less than 30 million yuan and not exceed 60 million yuan, with a repurchase price not exceeding 21.33 yuan per share. The repurchase period is within 3 months from the date of the board of directors' approval, and the source of funds will be the company's own and self-raised funds. The company has received a loan commitment letter from the Changzhou branch of Industrial Bank, providing a special loan for stock repurchase not exceeding 50 million yuan. The repurchased shares will be used entirely to maintain company value and shareholder rights. If they are not fully transferred within the specified period, the company will legally carry out the procedure to reduce registered capital and cancel the shares
