Eastroc Beverage (605499.SH) plans to repurchase company shares worth 1 to 2 billion yuan.

Dongpeng Beverage Co., Ltd. (605499.SH) announced that the company plans to repurchase A-shares of the company worth 1 billion to 2 billion yuan, with a repurchase price of no more than 248 yuan per share. Among them, it plans to use 900 million to 1.8 billion yuan to repurchase the corresponding shares (approximately 3.629 million to 7.258 million shares, accounting for no less than 90% of the total repurchased shares) to reduce the registered capital; and the remaining 100 million to 200 million yuan to repurchase the corresponding shares (approximately 403,200 to 806,500 shares, accounting for no more than 10% of the total repurchased shares), which is intended for employee shareholding plans and/or stock incentives.