Nanjing CIGU Technology Corp., LTD. (688448.SH) plans to repurchase shares with an amount of 4.5 million to 5 million RMB, at a maximum repurchase price of 25 RMB per share.

Nanjing CIGU Technology Corp., Ltd (688448.SH) announced that the company plans to use its own funds to repurchase the company's issued Renminbi ordinary shares (A shares) through the Shanghai Stock Exchange system in a centralized competitive bidding trading manner. The shares repurchased this time are intended to be used for an employee stock ownership plan or equity incentive at a suitable time in the future. The total amount of funds for this repurchase shall not be less than RMB 4.5 million (inclusive) and not more than RMB 5 million (inclusive). The price of the repurchased shares shall not exceed RMB 25 per share (inclusive). The repurchase period shall be within 6 months from the date of the approval of the repurchase plan by the board of directors.