Andre Juice (02218) plans to repurchase A-shares worth RMB 120 million to RMB 1.8 billion.

Zhitong Finance APP news, Andeli Juice (02218) announced that, in order to effectively safeguard the company's value and shareholders' rights and interests, effectively enhance investor confidence, and after comprehensively considering factors such as the company's financial condition, future development, and reasonable valuation level, the company intends to repurchase some A-share shares by way of centralized bidding for use in an employee stock ownership plan or equity incentive. The repurchase funds shall be no less than RMB 120 million and no more than RMB 180 million (inclusive), and the repurchase price shall not exceed RMB 100 per share.