Keda Intelligent (300222.SZ) proposed to repurchase company shares worth 50 million to 100 million yuan as suggested by the actual controller.

News from CITIC Securities APP, Keda Intelligent (300222.SZ) announced that the company's controlling shareholder, actual controller, and chairman Mr. Huang Mingsong proposed that the company repurchase some of its shares through centralized bidding trading to reduce registered capital. The total amount of funds for repurchasing shares shall not be less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive).