Confucianism Film (002739.SZ) intends to repurchase company shares worth 80 million to 150 million yuan.

Zhtng Cijng APP news, Ru Yi Movie (002739.SZ) announced that the company plans to repurchase company shares through centralized competitive bidding trading, and will use the repurchased shares for the implementation of the company's equity incentive plan and/or employee stock ownership plan at a suitable future time. The repurchase amount is not less than 80 million yuan (inclusive) and not more than 150 million yuan (inclusive). The source of funds for the repurchase comes from the company's own funds and/or self-raised funds. The repurchase price will not exceed 13.80 yuan per share.