Kailong High Tech plans to spend between 25 million and 50 million yuan to implement a share repurchase

According to the Zhitong Finance APP, Kailong High Tech announced that the company plans to use its own and/or self-raised funds to repurchase a portion of the company's shares through centralized bidding transactions. The total amount of funds for the share repurchase will not be less than RMB 25 million (inclusive) and not exceed RMB 50 million (inclusive), with the repurchase price not exceeding RMB 18.00 per share (inclusive). The repurchase period will be within 3 months from the date the board of directors approves the final share repurchase plan

According to the Zhitong Finance APP, Kailong High Tech (300912.SZ) announced that the company plans to use its own and/or self-raised funds to repurchase some of its shares through centralized bidding. The total amount of funds for the share repurchase will not be less than RMB 25 million (inclusive) and not exceed RMB 50 million (inclusive), with the repurchase price not exceeding RMB 18.00 per share (inclusive). The repurchase period is within 3 months from the date the board of directors approves the final share repurchase plan