"The stock of Yibang Power (02602.HK) plans to repurchase up to 500 million Hong Kong dollars worth of H shares."

China Fortune Financial News APP, Wanwu Cloud (02602.HK) announced that the Board of Directors has decided to timely exercise the authorization to repurchase shares in the open market for H shares, with a maximum funding limit of RMB 500 million. The actual repurchase price will be determined based on market conditions, fluctuations in the current market price of the company's H shares compared to the issue price, and in accordance with the Securities Listing Rules of The Stock Exchange of Hong Kong Limited and all applicable laws and regulations that the company must comply with.