Jiangsu Feymer Technology (688350.SH) plans to repurchase company shares with an amount between 20 million to 40 million yuan.

Jiangsu Feymer Technology (688350.SH) announced that the company plans to repurchase some of its shares through centralized bidding trading with its own funds and/or self-raised funds. The total amount of repurchase funds will be no less than 20 million yuan (inclusive), and no more than 40 million yuan (inclusive). The repurchase price per share will not exceed 48.24 yuan per share (inclusive). The repurchased shares will be used to maintain the company's value and shareholder interests, employee shareholding plans, or equity incentives. Among them, the repurchase amount for employee shareholding plans or equity incentives will be no less than 10 million yuan (inclusive), and no more than 20 million yuan (inclusive); the repurchase amount for maintaining the company's value and shareholder interests will be no less than 10 million yuan (inclusive), and no more than 20 million yuan (inclusive).