Shanghai Shunho New Materials Technology (002565.SZ) plans to spend 100 million to 200 million yuan to repurchase shares at a price not exceeding 11.82 yuan per share.

Shanghai Shunho New Materials Technology (002565.SZ) announced that the company plans to implement the second stock repurchase plan in 2025, with the total amount of funds used for repurchasing not less than RMB 100 million and not more than RMB 200 million (both inclusive), and the repurchase price not exceeding RMB 11.82 per share (including). The repurchase period shall not exceed 12 months from the date when the board of directors approves the stock repurchase plan.