KPA: Plans to repurchase shares for between 9 million and 16 million yuan

KPA announced that the company plans to repurchase shares with funds ranging from 9 million to 16 million yuan, with a repurchase price not exceeding 17 yuan per share. The source of funds will be from its own funds or special loans. The repurchased shares will be used for equity incentives and/or employee stock ownership plans, and will be transferred within three years; if not transferred, they will be legally canceled. The repurchase period is within 12 months from the date of approval by the board of directors. The company's directors, supervisors, senior management, and controlling shareholders have no plans to reduce their holdings in the next 3 months or 6 months