NCE Power (605111.SH) plans to repurchase company shares for RMB 35 million to RMB 45 million.

Zhitong Finance APP News, Nce Power (605111.SH) announced that the company plans to use its own funds or self-raised funds to implement a share repurchase through centralized bidding transactions. The repurchased shares will be used for employee stock ownership plans or equity incentives. The total proposed repurchase amount shall be no less than RMB 35 million (inclusive) and no more than RMB 45 million (inclusive). The repurchase price per share shall not exceed RMB 50 (inclusive).