Chacha Food (002557.SZ) plans to repurchase company shares amounting to 40 to 80 million yuan.

Chacha Food (002557.SZ) announced that the company plans to repurchase a portion of its publicly traded shares (A shares) from the open market through centralized bidding transactions, using the company's own funds and stock repurchase specialized loan funds. The repurchased shares will be used as a source for implementing future equity incentive plans or employee stock ownership plans. The total amount of funds for the repurchase will be no less than 40 million yuan (inclusive) and no more than 80 million yuan (inclusive), with a repurchase price not exceeding 47.48 yuan per share (inclusive).