Nengte Technology (002102.SZ) plans to repurchase company shares worth 300 million to 500 million yuan.

Intelligent Finance and Economics APP news, Neng Special Technology (002102.SZ) announced that the company plans to use its own funds and self-raised funds to repurchase some of the company's publicly traded A-shares through the Shenzhen Stock Exchange's trading system in a centralized competitive bidding trading manner. The repurchased shares will be used for cancellation and corresponding reduction of registered capital. The total amount of funds for this repurchase of shares is expected to be no less than RMB 300 million (inclusive), and no more than RMB 500 million (inclusive), with a repurchase price not exceeding RMB 4.70 per share (inclusive).