Shanghai Bright Power Semiconductor Co., Ltd. (688368.SH) plans to repurchase shares worth between 60 million yuan and 120 million yuan.

Shanghai Bright Power Semiconductor Co., Ltd. (688368.SH) announced that the company intends to repurchase shares valued at between 60 million yuan and 120 million yuan, with the repurchase price not exceeding 239.71 yuan per share. The repurchased shares will be used entirely to maintain the company's value and the interests of shareholders, and will be sold through centralized bidding trading 12 months after the company discloses the implementation results of this share repurchase and the announcement of changes in share capital. If the company fails to sell all the repurchased shares within three years after disclosing the implementation results of this share repurchase and the announcement of changes in share capital, the unsold repurchased shares will be cancelled.