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Caitong plans to repurchase shares for between 0.15 billion yuan and 0.3 billion yuan.

Breakings ·  Apr 18 17:15

Caitong announces that the company plans to repurchase shares with funds no less than 0.15 billion yuan and no more than 0.3 billion yuan, with a repurchase price not exceeding 11.72 yuan per share. This repurchased share will all be used to maintain the company's value and protect Shareholder rights, with an estimated repurchase quantity of 12.8 million to 25.6 million shares, accounting for 0.28%-0.55% of the company's total equity. The repurchase period is not more than 3 months from the date the Board of Directors approves it, with funds sourced from the company's own capital. If the repurchased shares are not sold or used within the planned period, they will be legally canceled. The company's Board of Directors approved this repurchase plan on April 15, 2025.

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