Fenglin Group (601996.SH) plans to repurchase company shares with an amount ranging from 80 million to 120 million yuan.

Smart Finance APP News, Fenglin Group (601996.SH) issued an announcement that, in order to maintain the company's value and protect the interests of shareholders, the company plans to repurchase shares using its own funds through centralized bidding trading. The amount of shares repurchased shall not be less than 80 million yuan (inclusive) and not exceeding 120 million yuan (inclusive). The repurchase price shall not exceed 3.54 yuan per share (inclusive).