Grand Kangxi Communication Technologies (688653.SH) plans to repurchase 20 to 40 million yuan of shares at a repurchase price not exceeding 18.16 yuan per share.

Announcement from Grand Kangxi Communication Technologies (688653.SH): The company plans to repurchase company shares at a price not less than RMB 20 million (inclusive) and not more than RMB 40 million (inclusive), with a repurchase price not exceeding RMB 18.16 per share (inclusive). The repurchase period shall not exceed 3 months from the date of approval of the repurchase plan by the board of directors.