Guizhou Chanhen Chemical Corporation (002895.SZ) plans to repurchase company shares with a total amount of 40 million to 80 million yuan.

Guizhou Chanhen Chemical Corporation (002895.SZ) announced that the company plans to use its own funds to repurchase shares through centralized trading for the purpose of cancellation and reducing registered capital. The total amount of funds for the repurchase of shares shall not be less than RMB 40 million (inclusive) and not more than RMB 80 million (inclusive). The repurchase price shall not exceed RMB 24.33 per share, and the repurchase period shall be within 12 months from the date when the repurchase plan is approved by the shareholders' meeting.