Eoptolink Technology (300502.SZ) plans to repurchase RMB 800 million to RMB 1 billion of shares for subsequent equity incentives or employee stock ownership plans.

Zhitong Finance APP News, Eoptolink Technology (300502.SZ) announced that the company plans to use its own funds and/or self-raised funds to repurchase part of its issued RMB ordinary shares (A shares) through the centralized bidding trading method on the Shenzhen Stock Exchange trading system, and will use them in due course for subsequent equity incentive or employee stock ownership plans. The funds for this share repurchase shall be no less than RMB 800 million and no more than RMB 1 billion, and the repurchase price per share shall not exceed RMB 500.