Yabon Chemical (300261.SZ) plans to repurchase company shares worth 25 million to 50 million yuan.

Chinatimes Financial News APP reports that Yabang Chemical (300261.SZ) issued an announcement stating that the company plans to repurchase some of its Renminbi common shares (A shares) through centralized bidding trading using its own funds and self-raised funds, for the purpose of implementing an employee stock ownership plan or equity incentive. The repurchase price shall not exceed 6.89 yuan per share (including). The total amount of funds for the repurchase of shares shall not be less than 25 million yuan (including) and not more than 50 million yuan (including).