Robotec (03757.HK) plans to repurchase its A-shares.

Zhito Finance APP News, Robotechnik (03757.HK) issued an announcement that, based on confidence in the company's future development and recognition of the company's value, in order to enhance investor confidence and safeguard the interests of the broad investor base, and taking into account the company's operating conditions, business development prospects, financial position, and future plans for the use of funds, the company intends to use its own funds or self-raised funds (including special loans from financial institutions for share repurchases) to repurchase part of the company's already issued RMB ordinary shares (A shares) through centralized bidding transactions. The shares repurchased this time are intended to be fully cancelled and to reduce the company's registered capital. The funds for this share repurchase shall be no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive). The repurchase price for this share repurchase shall not exceed RMB 803.46 per share. The specific total amount of repurchase funds this time shall be subject to the total amount of funds actually used.