Zhenlan Instruments (301303.SZ) plans to repurchase company shares for an amount between RMB 80 million and RMB 160 million.

Zhitong Finance APP News, Zhenlan Instruments (301303.SZ) announced that the company plans to repurchase company shares for an amount between RMB 80 million and RMB 160 million, with a repurchase price not exceeding RMB 20 per share, to be used for equity incentives, employee stock ownership plans, or for converting corporate bonds issued by the listed company that are convertible into shares.