Pourin Special Welding Technology (301468.SZ) plans to repurchase 40-80 million yuan.

Announcement from Pourin Special Welding Technology (301468.SZ): The company plans to use its own funds to repurchase the company's issued Renminbi ordinary shares (A shares) through centralized bidding trading, in order to reduce registered capital. The total amount of funds for repurchasing shares shall not be less than RMB 40 million (inclusive), and not exceed RMB 80 million (inclusive). The repurchase price shall not exceed RMB 29.09 per share (inclusive of the principal). The repurchase period shall be within 12 months from the date when the repurchase of shares plan is approved by the shareholders' meeting.