Innovation New Material Technology (600361.SH) plans to repurchase 100 million to 200 million yuan of shares, with a repurchase price not exceeding 5.71 yuan per share.

Announcement from Innovation New Material Technology (600361.SH): The company plans to repurchase all shares for cancellation and reduce registered capital. The total amount of repurchase funds shall be no less than 100 million yuan (inclusive), and no more than 200 million yuan (inclusive); the repurchase price of shares shall not exceed 5.71 yuan per share (inclusive). The repurchase period shall be within 12 months from the date of approval of this repurchase plan by the shareholders' meeting.