Voneseals Technology (301161.SZ) plans to repurchase company shares worth 15 million to 20 million RMB.

Voneseals Technology (301161.SZ) announced that the company plans to use its own funds to repurchase company shares through centralized bidding trading, and will use the shares for implementing an employee stock ownership plan or equity incentive plan. The total amount of funds for this repurchase of shares shall not be less than RMB 15 million and not exceed RMB 20 million, with a repurchase price range not exceeding RMB 25 per share. The repurchase period shall not exceed 12 months from the date of approval by the company's board of directors.