Guangdong Lyric Robot Automation (688499.SH) plans to repurchase company shares worth 30 million to 40 million yuan.

Guangdong Lyric Robot Automation (688499.SH) announced that the company plans to use its own funds and special loans to repurchase company shares through centralized bidding trading. The repurchased company shares are intended to be used for employee stock ownership plans or stock incentives. The total amount of the repurchase fund shall not be less than RMB 30 million and shall not exceed RMB 40 million. The repurchase price of the shares shall not exceed RMB 36.60 per share. The repurchase period shall be within 12 months from the date of approval by the board of directors of the repurchase plan.