LONGLI plans to spend between 30 million and 60 million yuan to repurchase shares
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According to the Zhitong Finance APP, LONGLI announced a share repurchase plan. The company intends to use its own funds and/or self-raised funds of no less than RMB 30 million and no more than RMB 60 million (inclusive) to repurchase the company's ordinary shares (A shares) through centralized bidding trading. This is intended for the implementation of the employee stock ownership plan and/or equity incentive. The repurchase price will not exceed RMB 27.18 per share (inclusive)
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