Zhaoshang Nanyou: Plans to repurchase shares for 250 million to 400 million yuan.

Jin10 data reported on August 24 that China Merchants Jinling announced a plan to repurchase shares worth 250 million to 400 million yuan, with a repurchase price not exceeding 4.32 yuan per share. The repurchased shares will be used for cancellation to reduce registered capital, with funds sourced from the company’s own funds. The estimated number of shares to be repurchased is between 57.8703 million shares and 92.5925 million shares, accounting for 1.21% to 1.93% of the company’s total share capital. The repurchase period is within 12 months after approval by the shareholders’ meeting. The company’s directors, senior management, controlling shareholders, and actual controllers have no plans to reduce their holdings in the next 3 months or the next 6 months.