Gelonghui February 19 | Yangdian Technology (301012.SZ) announced that the company plans to use its own funds to repurchase some of the company's public shares through centralized bidding transactions to implement employee stock ownership plans or equity incentives. The total amount of capital used to repurchase shares is not less than RMB 30 million and not more than RMB 60 million (all capital included). The repurchase price does not exceed RMB 27 per share (including the number of shares). Based on the maximum share repurchase price of RMB 27 per share, the estimated number of shares to be repurchased is 1,111,111 to 2,222,222 shares, accounting for 0.78% to 1.56% of the company's current total share capital. The specific number of shares repurchased is based on the actual number of shares repurchased at the end of the repurchase. The repurchase period shall not exceed 12 months from the date the board of directors of the company reviewed and approved the share repurchase plan.