On February 20, Ge Longhui Co., Ltd. (002634.SZ) announced that the company plans to use its own funds to repurchase some of the company's shares through centralized bidding transactions to implement equity incentives or employee stock ownership plans. The total capital of this repurchase is not less than RMB 30 million (including the number of shares) and not more than RMB 60 million (including the number of shares). The repurchase price is no more than 9 yuan/share (including the number of shares). Based on the maximum repurchase amount of RMB 60 million and the repurchase price of 9 yuan/share, the estimated number of shares that can be repurchased is approximately 6,666,666 shares, accounting for 1.41% of the company's total share capital; based on the minimum repurchase amount of RMB 30 million and the repurchase price of 9 yuan/share, the estimated number of shares that can be repurchased is about 3,333,333 shares, accounting for about 0.70% of the company's total share capital; the specific number of shares to be repurchased is based on the actual number of shares to be repurchased at the end of the repurchase period. The implementation period is 6 months from the date the board of directors of the company reviews and approves the repurchase plan.