Victory Giant Technology (300476.SZ) plans to repurchase company shares worth 70 million to 140 million yuan.

Victory Giant Technology (300476.SZ) announced that the company plans to use its own funds to repurchase a portion of the company's RMB ordinary shares listed on the domestic market (A shares) through the Shenzhen Stock Exchange trading system in a centralized bidding trading method. The repurchased shares will be used to implement an employee stock ownership plan or equity incentive. The total amount of funds for repurchase will be no less than RMB 70 million and not exceed RMB 140 million (including this amount). The repurchase price range will not exceed RMB 47.59 per share, and the implementation period will be within 12 months from the date of approval of the repurchase plan by the board of directors.