Zhitong Finance App News, Meineng Energy (001299.SZ) announced that the company plans to repurchase shares through centralized bidding transactions, with a total capital of not less than 30 million yuan (inclusive) and no more than 50 million yuan (inclusive). The price is no more than 12.27 yuan/share. The implementation period is 12 months from the date the board of directors of the company reviews and approves the share repurchase plan.