China Camc Engineering (002051.SZ) plans to allocate 50 million to 100 million yuan for the implementation of stock repurchases and cancellations.

China Camc Engineering (002051.SZ) announced that the company plans to repurchase its own shares, with a total repurchase amount not exceeding 100 million yuan (including), and not less than 50 million yuan (including). The repurchase price will not exceed 12.85 yuan per share (including). The repurchased shares will be cancelled and the company's registered capital will be reduced. The repurchase period will be within twelve months from the date of approval of the repurchase plan by the shareholders' meeting.