JJKJ: Plans to repurchase shares for 100 million to 200 million yuan

JJKJ announced that the company plans to repurchase shares with funds ranging from 100 million to 200 million yuan, with a repurchase price not exceeding 8.06 yuan per share. The shares repurchased will be used to implement an employee stock ownership plan or equity incentives, with an estimated repurchase quantity of 12.41 million to 24.81 million shares, accounting for 0.87% to 1.74% of the company's total share capital. The repurchase period will not exceed 12 months from the date of approval by the board of directors, with funding sourced from the company's own funds and a special loan for stock repurchase. The repurchase aims to maintain the stability of the company's stock price, enhance investor confidence, and promote the company's long-term sustainable development. If the repurchased shares are not fully used for the above purposes, the unused portion will be legally canceled