Sino Signage Media (301102.SZ) intends to repurchase company shares worth 100 million to 200 million yuan.

Zhixin Finance APP news, Zhaoxun Media (301102.SZ) announced that the company plans to use its own funds to repurchase company shares through centralized bidding trading, and will use the repurchased shares at an opportune time to implement an employee stock ownership plan or equity incentive plan. The total amount of funds for the share repurchase shall not be less than RMB 100 million (inclusive) and shall not exceed RMB 200 million (inclusive). The price range for the share repurchase shall not exceed RMB 14.80 per share, and the repurchase period shall be within 12 months from the date of approval by the board of directors of the share repurchase plan.