Eight hundred million time and space: intends to repurchase shares with 50 to 100 million yuan.
Billiontime announced that the company plans to repurchase shares with 50 to 100 million yuan, with a repurchase price not exceeding 40 yuan per share. The source of the repurchase funds will be from its own funds and a special stock repurchase loan provided by the Beijing branch of China Merchants Bank, with the loan amount not exceeding 70 million yuan. The repurchased shares will be used for employee stock ownership plans or equity incentives.
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