On December 10, Gelonghui reported that Shanghai Ganglian E-Commerce Holdings (300226.SZ) announced that its wholly-owned subsidiary, Shanghai Silver E-Commerce Co., Ltd. (hereinafter referred to as "Silver E-Commerce"), plans to repurchase shares of Silver E-Commerce using its own funds (Silver E-Commerce is a listed company on the National Equities Exchange and Quotations). The number of shares to be repurchased is no less than 20 million and no more than 40 million shares, accounting for 1.92%-3.84% of Silver E-Commerce's current total share capital. Based on the quantity of shares to be repurchased and the upper limit of the repurchase price, the total amount of funds for the repurchase is expected to not exceed 0.1 billion yuan, with the source of funds being the own funds of Silver E-Commerce.