Platinum Materials (300811.SZ) plans to repurchase 100 million to 200 million yuan of the company's shares.

Zhihui Finance APP reported that Plke New Materials (300811.SZ) announced that the company intends to use its own funds or self-raised funds to repurchase a portion of its shares through centralized bidding trading. The repurchased shares will be completely canceled, resulting in a corresponding reduction in registered capital. The funds for the share repurchase will not be less than 100 million yuan and will not exceed 200 million yuan. The repurchase price per share will not exceed 122.69 yuan.