Zhiyuan New Energy plans to repurchase 1.5 million to 3 million shares
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Zhiyuan New Energy plans to repurchase 1.5 million to 3 million shares, accounting for 0.8042% to 1.6085% of the total share capital. The repurchase price will not exceed 22.00 yuan per share, and the shares will be used for equity incentives or employee stock ownership plans. The company has obtained a repurchase loan commitment from the Jilin Branch of Industrial and Commercial Bank of China, with a maximum loan amount of 50 million yuan and a loan term of no more than 18 months
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