Ri Lian Technology: The chairman proposed to repurchase shares for 10 to 20 million RMB.
Nisshin Technology Announcement: Mr. Liu Jun, the chairman and actual controller of the company, proposed that the company repurchase some of the RMB ordinary shares issued through centralized bidding trading, and use them in the future for employee stock ownership plans or equity incentives. The source of repurchase funds is the company's own funds. The proposal includes: the maximum repurchase price shall not exceed 150% of the average trading price of the company's stock for the 30 trading days before the resolution of the board of directors to approve the repurchase plan; the total amount of repurchase funds shall not be less than 10 million yuan, and shall not exceed 20 million yuan; the term for repurchasing shares shall be 12 months from the date of the board of directors' approval of the repurchase plan.
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