According to the announcement from Zhongyin Babi Food (605338.SH) on the Zhitong Finance APP, the company plans to repurchase shares through centralized bidding trading to reduce its registered capital. The amount of repurchased shares will be no less than RMB 100 million (inclusive) and no more than RMB 200 million (inclusive). The repurchase price per share will not exceed RMB 24.47 (inclusive). The repurchase period starts from the date of approval of the repurchase plan by the company's shareholder meeting and lasts within 12 months.