Suzhou Kematek, Inc. (301611.SZ)'s actual controller proposes a share repurchase of RMB70 million to RMB120 million.

Suzhou Kematek, Inc. (301611.SZ) announced that Mr. Liu Xianbing, the company's actual controller, chairman, and general manager, has proposed that the company use its own funds or self-raised funds to repurchase a portion of its RMB-denominated ordinary shares (A-shares) through centralized bidding transactions. The repurchased shares will be used at an appropriate time in the future to implement an equity incentive plan or an employee shareholding plan. The total funds for this share repurchase shall be no less than RMB70 million (inclusive) and no more than RMB120 million (inclusive).