ORIENT-CHIP TECHNOLOGY plans to repurchase company shares for 20 million to 40 million yuan
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According to the announcement from ORIENT-CHIP TECHNOLOGY, the company plans to repurchase shares through centralized bidding. The repurchased shares are intended for the employee stock ownership plan or equity incentive. The amount for the repurchased shares will not be less than RMB 20 million (inclusive) and not exceed RMB 40 million (inclusive). The repurchase price will not exceed RMB 52.46 per share (inclusive)
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