Canray Technology (688061.SH) plans to repurchase company shares worth 20 million to 40 million yuan.

Zhixin Finance APP News, Canray Technology (688061.SH) announced that the company plans to repurchase shares through centralized bidding trading, and the repurchased shares are intended to be used for employee stock ownership plans or equity incentives. The amount of repurchased shares shall not be less than RMB 20 million (inclusive), and not more than RMB 40 million (inclusive). The repurchase price shall not exceed RMB 52.46 per share (inclusive).